Puma Energy International, a subsidiary of Dutch multinational commodity trading company Trafigura, is a vertically integrated midstream and downstream company active worldwide. Formed in 1997 to enter the Central American storage and downstream sectors, it currently has more than 32 operating subsidiaries and presence in some 25 countries. Midstream activities include supply, storage and transportation of petroleum products. The company's downstream activities include the distribution, retail and wholesale of refined products within national markets. Its product offerings range from gasoil, gasoline, kerosene, jet fuel, fuel oil, LPG, bitumen, and marine bunker fuels to lubricants. It has a global network of over 600 service stations with an additional 200 under development. In 2012, it completed the acquisition of ExxonMobil's fuel storage and commercialization businesses in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama. The new businesses will add some 290 service stations, seven storage terminals and four jet fuel supply operations. The deal also includes the acquisition of ExxonMobil's refinery in Manref, Nicaragua and 65% of the US major's shares in the Rasa refinery in El Salvador. Puma already operates in El Salvador, Guatemala and Honduras, and the Dominican Republic and Puerto Rico. Puma Energy International is based in Geneva, Switzerland.