Panama: Investment in Fuel Terminal

The consortium FCC and Felguera IHI won the contract to build an oil storage terminal belonging to the Dutch company Vopak in Bahia Las Minas, province of Colon.

Monday, April 10, 2017

From a statement issued by FCC Construction:

The new terminal will be located next to the existing Chevron terminal of 509,000  mbc (thousand of barrels of crude) in Panama. It will have nine storage tanks for marine oil, fuel oil and clean petroleum products (diesel, gasoline and Jet A) with a total capacity of approximately 360,000 m3. The project also includes new tank, additional marine infrastructure, including the construction of wharves for mooring vessels up to 80,000 DWT (deadweight tons).

The work is scheduled to start immediately, with a completion time of 24 months.



More on this topic

Energy: Projects for $600 million

January 2019

The construction of an oil pipeline and a maritime terminal in the Pacific for the transfer and storage of fuels, are some of the projects planned to develop the state-owned Recope in the next eight years in Costa Rica.

The construction of a new plant for storage and sale of clean products in Liberia, and the polyduct connecting this plant with Barranca, is one of the large-scale projects that the Costa Rican Petroleum Refinery (Recope) plans to develop in the coming years.

Construction of Fuel Terminal for $99.6 million

November 2014

The Spanish company DF Duro Felguera in Panama will be building a terminal for oil storage for the company Vopak in Bahia Las Minas, province of Colon.

From a statement issued by DF DURO FELGUERA:

DF has been awarded, through its subsidiary Felguera IHI, a contract for the execution of a fuel supply terminal for ships and oil storage at Bahia Las Minas (Colon Province), on the Atlantic coast of Panama.

Panama: No to Fuel Terminal

August 2014

A resolution approving the environmental impact study submitted by Vertikal Corporation to build a pipeline to supply Tocumen airport has been revoked.

The National Environmental Authority (ANAM) reversed the decision claiming that the environmental impact study submitted by the company Vertikal Corporation should be category III not II, as "...

Costa Rica: $102 Million Fuel Terminal

November 2009

Recope bought 22 hectares of land in Guanacaste for building a new fuel terminal.

Costa Rica's state-owned oil refinery (Recope) will build a new fuel terminal in the province of Guanacaste, close to Liberia's Airport. It will be named 'Terminal Chorotega'.

"The terminal includes 2 diesel tanks for 25.000 barrels of diesel, 4 gasoline tanks for 25.000 barrels, 3 jet fuel tanks of 40.000 barrels and 2 tanks for 5.000 barrels of ethanol", reported Thecostaricanews.com.

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