The company Melons Oil Terminal Inc will operate and manage a Fuel Free Zone capable of storing 2 million barrels of oil.
A press release from the Presidency of Panama reads:
The Cabinet Council has authorized the Minister of the Presidency on behalf of the State to finalise a contract with the company Melons Oil Terminal Inc., for the operation and administration of a Fuel Free Zone capable of storing 2 million barrels of oil .
The company, a supplier of bunker fuel for tanker ships, will invest in expanding its facilities during the next 12 years.
The announcement was made by Guillermo Márquez, company representative, after the corporation signed an agreement with the Panamanian State to extend its concession at Isla Tabogilla, in the Pacific coast.
AMP approved two of the four concessions that it was assessing yesterday, leaving two pending a resolution.
The Panamanian Maritime Authority (AMP) authorized the award of more than eight hectares to the Decal S.A. Company to build and operate a dock on the island of Taboguilla for fuel transshipment and also approved a five acre concession for Miramar Development Corp. to build a tourist marina in Avenida Balboa.
Atlantic Pacific Equipment Services, is the new and only distribuitor of the complete line of TEREX CRANES for Central America. We are part of the LANCO Group and manufacturers of the MI-JACK RTG.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (507) 317-6577 - (507) 6450-0673
Comercialization of Urbanization
Commercial Mall construction and Comercialization
Construction and comercialization of Industrial and logistic buildings.
Housing Construction Projects
Operates in Honduras
Phone: (504) 2694241 - (504) 2694240