Natural Gas Plant Starts Operations

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

Monday, August 20, 2018

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.

"... The AES Colón project consists of two stages. The first is the LNG plant and the second comprises a storage tank that is currently 87% complete and is expected to come into operation next year in 2019, explained Miguel Bolinaga, president of AES in Panama, a mixed capital company in which the Panamanian State has a 50.5% share."

See: "Implications of a $1 billion investment"

Laestrella.com.pa reports that "...The port will have capacity to serve vessels from 3,000 cubic meters to 160,000 cubic meters (loading and unloading), and will have a truck loading station for distribution of LNG at the national and regional level and a tank with storage capacity of 180,000 cubic meters. The gas is imported from the United States, the executive explained.

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More on this topic

Natural Gas Plant: Preparations for Start of Operations

May 2018

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.

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.

Progress So Far of a $1 billion Investment

February 2017

The 380 MW natural gas plant being built by AES in Colon, Panama, is currently 30% complete and the start of operations remains scheduled for 2018.

The plant, whose construction started in May last year, will have three generators, three gas turbines and one steam turbine, reaching 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.

Panama: 400,000 tons of LNG Could Be Imported per Year

March 2016

The company Engie has also announced the construction of a plant with storage capacity of 180,000 cubic meters for the generation of 350 MW.

From a statement issued by Engie:

ENGIE announces the signature of a binding Memorandum of Understanding with Gas Natural Atlántico, under which ENGIE will supply up to 400,000 tonnes of LNG per year from 2018 on a 10-year period at Costa Norte LNG Terminal in the Colon Province, Panama.

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