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prima:Puma Energy reinforces safety measures to prevent another Capeco disaster

The company, which acquired the assets of Israeli billionaire Gad Zeevi on the island, stated that it has voluntarily adopted many of the recommendations made by investigators following the fatal explosion

October 22, 2024 - 1:13 PM

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Puma Energy acquired the tank farm and refinery in Bayamón, a private dock in Cataño, 67 acres of undeveloped land in Bayamón that border the De Diego express, as well as 157 gasoline stations, which operated under the Gulf brand and were managed by Capeco. (Suministrada)

Just 14 months after the explosion at the Caribbean Petroleum Corporation (Capeco) facility that shook Puerto Rico on the night of October 23, 2009, the company’s assets were auctioned in New York. The highest bidder was Puma Energy International, a Geneva-based multinational, which offered approximately $82 million for the oil company’s assets.

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