This liquefied natural gas (LNG) distribution system will supply the 381 MW thermal plant located on site, also owned by AES, which began operating in August 2018.

Prensa.com reports that "... With the completion of the construction of the natural gas storage tank, AES will not only be able to supply this fuel to the power generation plant but from now on will be able to supply it to companies and countries in the region."

You may be interested in "$1.2 Billion in Energy Investments"

Juan Ignacio Rubiolo, president and group manager of AES Mexico, Central America and the Caribbean, explained that "... In Panama it will begin to distribute natural gas to the industry in tanker trucks from next year."

Miguel Bolinaga, manager of AES in Panama, specified in his twitter account that "... An investment of more than $1.150 million that will give extraordinary benefits to Panama and the region, stabilizing energy prices and helping the environment."

Source: Prensa.com

More on this topic

Guatemala: Fuel Plant Bought for $20 million

October 2015

The multinational Maple Resources Corporation has acquired the fuel plant operating in Puerto San Jose, called Terminal Carburantes de Centroamérica.

The US company which operates internationally also announced that in the next five years it will invest $10 million more in operating the fuel terminal.

Concession for Free Zone for Fuel Extended

June 2014

The executive power has authorized the extension of a contract for the operation and administration of the Free Zone for Fuel in Chiriqui granted to the company Petroterminal of Panama.

From a report issued by the President's Office in Panama:

The Cabinet Council approved a resolution that authorizes the Minister of the Presidency, to grant the extension to Contract No.

Bunker Terminal in Costa Rican Pacific

June 2011

The Costa Rican state electricity and fuel companies have agreed to build a terminal for the supply of bunker fuel.

From a press release by RECOPE :

The Costa Rican Petroleum Refinery (RECOPE SA) and the Instituto Costarricensede Electricidad (ICE), have pledged to work together in developing the Pacific Terminal project, which will allow the country to have another alternative way to import fuel which will strengthen RECOPE’s value chain in infrastructure and reduces the risk of shortages, as well as providing an alternative supply of bunker fuel for consumption centers on the Pacific coast, in particular for electricity generation in the Garabito thermal plant.

Bahia Las Minas Oil Refinery to begin Operations in February

January 2011

The fuel terminal, located in Colon, Panama, is 99% completed and could begin operations in February.

The $ 10 million project will increase in 30% the transportation capacity for diesel and gasoline demand.

"Renovations include increasing the storage capacity for petroleum products, storage automation and office modernization...