Puma Energy announced Wednesday it began selling 20-pound Liquefied Petroleum Gas cylinders at the end of February at nearly a dozen service stations islandwide.
The move follows the December 2015 approval from the Public Service Commission of an application by Puma Energy Caribe, LLC for permission to sell and distribute LPG cylinders.
“We have moved quickly and thanks to the flexibility and quick responsiveness of Puma Energy, by mid-March we’ll have the first 50 stations set up with cylinder cages in the municipalities of Caguas, San Juan, Guaynabo, Bayamón, Naranjito, Cataño, Toa Baja and Carolina,” said Víctor Domínguez, general manager of Puma Energy Caribe.
“And at this rate, we expect to continue to expand the supply of 20-pound cylinders and offer them in more than 250 Puma Energy service stations, ” said Domínguez, predicting that Puma Energy’s incursion into the LPG business will benefit consumers. Since its entrance into the market in November 2014, Puma claims LPG prices have dropped by 25 percent.
The company supplies LPG according to HD-5 specifications, which is the quality standards for this product.
Puma Energy has invested some $46 million in LPG facilities at its terminal in Bayamón and has the capacity to store 4.2 million gallons of liquefied petroleum gas.