JAKARTA (Indonesia Today) – Puma Energy LLC had acquired another 35.28% shares of PT Medco Sarana Kalibaru (MSK), subsidiary of PT Medco Energi Internasional Tbk (MEDC).
In December 2012, Puma Energy had acquired 63.88% of MSK shares. Then, now Puma Energy fully owns MSK, a downstream and logistic company which developed crude oil terminal in Tanjung Priok port, Jakarta.
Puma Energy is member of Trafigura Group, the world biggest commodity trading company based in Switzerland.
Medco Energy has not disclosed yet the transaction value for the divestment of MSK shares.