Oil major BP has sold a fuel terminal in Belfast to Puma Energy in a multi-million pound deal.
The move marks the first venture into Northern Ireland by Puma and is expected to aid its growth in the European market.
BP revealed plans to sell the site back in August.
The 53-acre former refinery is located between George Best Belfast City Airport and Belfast Harbour.
It was converted into a terminal in 1982.
Puma Energy chief executive Pierre Eladari said: “This deal marks an additional milestone in the growth of our business, further supporting Puma Energy’s position as one of the largest independent, integrated midstream and downstream companies operating today.”