Affectionately known as the land of ‘Lakes and volcanoes’, Nicaragua is the largest country on the Central American isthmus, with Honduras to the North and Costa Rica to the South. With a multi-ethnic population of close to 6 million people, Nicaragua is primarily an agricultural economy, with coffee and meat its primary exports. The country is developing and has maintained stable economic growth of 3-5% over the last five years. Nicaragua’s capital city is Managua.
Puma Energy Nicaragua,
Cuesta del Plomo
Date entered: 2012
Key market statistics:
- Terminals: 3
- Refinery: 1
- Storage: 251,200m³
- Retail locations: 42 (including 20 Super 7 convenience stores)
- Airport: 1
Puma Energy has operated in Nicaragua since March 2013 yet the country is arguably our most ‘complete’ in terms of functions. We run both refining and marketing operations here, which includes aviation, retail, business to business, wholesale, LPG, Bitumen and solvents. We have more than 40 retail locations, including 20 Super 7 convenience stores. We operate three terminals and have access to 251,200m³ of storage.
We also acquired a refinery and this resumed production during 2012. A bespoke IT system developed for use at the refinery is now being rolled out at a second refinery.
Outside our office door
Above all else, Nicaragua is a country of natural contrasts. There are great many beaches on both its Atlantic and Pacific coastlines – with the wilder locations on the Pacific coast popular with surfers and the clear waters of the Caribbean, ideal of diving. The capital, Managua, located on a lake, is only a few miles north of the Masaya Volcano National Park, where an active volcano attracts many tourists. In addition to cities such as Managua, Granada, Leon and Masaya, the countryside is scattered with many small rural villages. The archipelago of Las Isletas is an area of great natural beauty and once the haunt of notorious pirates.