In the first nine months of 2019, Central America imported water heaters for $15 million, and purchases from companies in Mexico increased 71% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
In Panama, 1.035 million gallons of fuel were sold from January to November 2019, and demand for 95-octane gasoline grew by 7% over the same period in 2018.
The General Comptroller of the Republic reported that during the first eleven months of 2019, gasoline consumption in the country, which includes 91 and 95 octane gasoline, reached 309 million gallons, 3% more than in the same period of the previous year.
From January to October 2019, 949 million gallons of fuel were sold, and the demand for 91-octane gasoline decreased 5% over the same period in 2018.
The figures of the General Comptroller of the Republic report that during the first ten months of 2019 the consumption of gasoline in the country, which includes the 91 and 95 octane, amounted to 281 million gallons, 3% more than in the same period last year.
From January to August 2019, 769 million gallons of fuel were sold, and diesel demand increased 3% over the same period in 2018.
The figures of the General Comptroller of the Republic report that during the first eight months of 2019 the consumption of gasoline in the country, which includes the 91 and 95 octanes, reached 225 million gallons, 2% more than in the same period last year.
In the first six months of 2019, Panama sold 577 million gallons of fuel, 2% more than the 563 million gallons reported in the same period in 2018.
According to data published by the General Comptroller of the Republic, it is reported that during the first six months of 2019 the consumption of gasoline in the country, which includes 91 and 95 octane, totaled 167 million gallons, 2% more than in the same period last year.
In January 2019, 97 million gallons of fuel were sold in Panama, 4% more than the 93 million gallons reported in the first month of 2018.
The latest data published by the General Comptroller of the Republic detail that during the first month of 2019 the consumption of gasoline in the country, which includes 91 and 95 octanes, reached 28 million gallons, 3.5% more than in the same period last year.
From January to November last year, fuel sales totaled 1.010 million gallons, 5% less than the 1.058 million gallons reported in the first eleven months of the previous year.
The most recent data published by the General Comptroller of the Republic of Panama details that during the first eleven months of 2018 the consumption of gasoline in the country, which includes the 91 and 95 octane, totaled 300 million gallons, 0.8% more than in the same period last year.
From January to October of this year, fuel sales in the country totaled 924 million gallons, 5% less than the 974 million gallons reported in the first ten months of 2017.
The latest report published by the General Comptroller of the Republic of Panama details that during the first ten months of 2018 the fuel consumption in the country, which includes 91 and 95 octanes, totaled 274 million gallons, 0.7% more than in the same period last year.
Between January and September 2016 imports of water heaters in Central American countries as a whole went down by 16% compared to the same period in 2015.
Data from a report entitled 'Water Heater Market in Central America',presented by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with graphics"]
With prices as low as $0.010 per KW / h, 27 foreign and Panamanian companies submitted bids to supply 350 MW of power generated from bunker fuel, propane and methane, from 2018.
The bidders chosen by Empresa de Transmisión de Energía Eléctrica (Etesa) will have a period of 30 months to build plants and start generating and supplying electricity from March 2018.
The business association of the American city has established an office in Panama City in order to explore business opportunities with local businesses and the region.
The organization has over 3,600 members ranging from small and medium sized companies to those with an international presence. This is the second site the union has in Latin America, as it has presence in Mexico.
The energy agreement will allow Panama to buy natural gas from the Caribbean nation.
From the press release by the Panamanian National Secretariat of Energy:
On March 12th, Panama and Trinidad and Tobago signed an energy agreement that allows natural gas to be bought from the Caribbean nation, reported officials from the two countries.
The agreements were signed at the headquarters of the Panamanian Foreign Ministry by officials from both countries in the presence of the Prime Minister of Trinidad and Tobago, Kamla Persad, and Foreign Minister Roberto Henriquez, along with the Secretary of Energy, Juan Manuel Urriola and the Minister of Energy in Trinidad and Tobago Kevin Ramnarine.
The Caribbean country will export propane and butane, among other things, in order to meet the growing demand for fuel
In order to increase trade relations with Panama, government representatives from Trinidad and Tobago visited the canal country, where business people and government officials discussed the possibility of selling energy and transmiting knowledge about this industry to the Panamanians.