AES Colon launches truck loading station to supply LNG to Central America

The AES Panama-operated LNG import terminal in Colon has opened a truck loading station to cater to the growing demand for the fuel in the region.

The move follows a deal revealed last year under which Colon LNG Marketing and Tropigas Natural will distribute LNG via trucks in Panama and Costa Rica but also wider region in Central America.

Colon LNG Marketing is a unit of US energy company AES while the Dominican-based gas and power company Tropigas controls Tropigas Natural.

AES loaded the first Tropigas truck on January 14 for onward delivery to Island Power’s plant in Santa Fe, Darien, according to Tropigas.

AES, via AES Colon, has a 50.1 percent stake in the Costa Norte LNG import terminal in Colon. The other 49.9 percent share belongs to Inversiones Bahia.

Besides the new truck loading station, Panama’s first LNG import terminal consists of a 180,000 cbm tank and a 381 MW combined cycle power plant.

The tank reached commercial operations in 2019 allowing Panama to become a regional LNG distribution hub.

In addition, AES has invested a total of $1.15 billion in the facility located near the Atlantic entrance of the Panama Canal.

Most Popular

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

Seatrium: LNG carrier owners delaying non-essential repairs due to low charter rates

Liquefied natural gas (LNG) fleet owners are delaying non-essential repairs due to low charter rates, according to Singapore's Seatrium.

Excelerate raises 2025 guidance after Jamaica deal

US FSRU player Excelerate Energy raised its full-year 2025 adjusted Ebitda guidance range following the recent acquisition of New Fortress Energy's business in Jamaica.

More News Like This

TotalEnergies inks initial Dominican LNG supply deal

France's TotalEnergies has signed a heads of agreement with ENADOM, the joint venture between AES Dominicana and Energas in the Dominican Republic, to supply liquefied natural gas (LNG) to the latter.

AES, Seaspan to launch Panama LNG bunkering ops in March 2025

In October 2023, the two firms joined forces to provide LNG as fuel for vessels from the AES-operated Costa...

AES wraps up stake sale in two LNG terminals

US energy company AES has completed the previously announced sale of minority stakes in its LNG import terminals in...

AES and Seaspan ink Panama LNG bunkering pact

US energy firm AES is joining forces with Canada's Seaspan to provide LNG as fuel for vessels from the...