Natural Gas Plant: Preparations for Start of Operations

After requesting an extension to postpone the date of entry into operations, authorities at AES Panama confirmed that the plant will begin operations on September 1.

Monday, May 14, 2018

Construction of the plant started in May 2016 and will have three generators, three gas turbines and one steam turbine, reaching a total installed capacity of 381 MW.

In an appearance before the National Assembly, Miguel Bolinaga, president of AES Panama, explained that the plant will go into operation on September 1, and that the inauguration will be on August 9, 2018.

See also: "Energy projects in Panama"

The statement issued by the National Assembly details that "... In his report, the engineer Bolinaga, explained that this plant has been under construction for two years, with a cost of 113 dollars in megawatt, which means that when it starts up, the price of electricity paid by consumers will fall considerably.

"... In this regard, he said that as a test, energy is currently distributed with 7 or 8 megabytes of generation to a value of zero, to increase gradually to 80 megawatts, so that at the end of June all machines will run with a maximum 381 MW."

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More on this topic

LNG Distribution Center Launched

October 2019

The company AES Panama launched its liquefied natural gas storage system in the province of Colon, from where it plans to supply the entire Central American region.

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.

Natural Gas Plant Starts Operations

August 2018

The electric power generation plant based on liquefied natural gas has started operating in Colón, Panama, with an installed capacity of 381 MW.

The plant, whose construction began in May 2016, has three generators, three gas turbines and one steam turbine, giving it a total installed capacity of 381 MW.

Implications of a $1 billion Investment

June 2016

The 380 MW natural gas plant to be built by AES in Panama promises to change the country's energy matrix, and the way energy is generated and distributed in Central America.

The economic flow that has already started with the construction of the gas plant in the province of Colon will be felt not only in the energy sector in Panama, which could become an energy generating and distribution hub in the region, but also in other productive sectors that will benefit from greater stability in energy costs and generate greater dynamism in logistics and shipping.

$100 million Pipeline Construction Being Assessed

April 2015

The company AES is studying the feasibility of expanding the Andrés terminal in the Dominican Republic in order to export liquefied natural gas and build a pipeline with capacity to generate 1,000 MW of energy.

For the expansion of the terminal at Andrés an $25 million investment is estimated, while for pipeline construction the company AES plans to invest $100 million.

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