Congratulations to Puma Energy on its acquisition of OGAZ, a leading Zambian Liquid Petroleum Gas supplier. This announcement reflects Puma Energy’s dedication to offering lower carbon alternatives to traditional fuels and demonstrates its commitment to sustainability.
With the acquisition of OGAZ’s assets, Puma Energy will establish itself as a major player in the Zambian LPG sector. OGAZ’s current market share of approximately 18 percent in the LPG market in Zambia will significantly contribute to Puma Energy’s presence and influence in the region.
The challenges faced by Sub-Saharan Africa in terms of energy are unique, with a large percentage of the population relying on solid fuels like wood, charcoal, or kerosene. These fuels not only contribute to health issues but also lead to deforestation. By providing LPG as a safe, cost-effective, and more sustainable alternative, Puma Energy aims to address these challenges and promote cleaner cooking solutions.
This acquisition marks an exciting step for Puma Energy in its mission to provide lower carbon energy options to customers and make a positive impact on communities. By expanding its presence in the Zambian LPG sector, Puma Energy is well-positioned to drive positive change in the region’s energy landscape.
For more information visit www.pumaenergy.com
