LNG Distribution Agreed in Panama and Costa Rica


News from Panama / Wednesday, June 10th, 2020

Colon LNG Marketing (a subsidiary of AES Colón) and Tropigas Natural, S.A. (part of the Tropigas group) signed the first contract to supply Liquefied Natural Gas (LNG) through the modality of loading by tanker truck for the markets of Panama and Costa Rica.

Elcapitalfinanciero.com reports that “… The agreement allows the use of a clean fossil fuel to provide energy solutions to all types of industry such as food, beverage, manufacturing in general, as well as energy producers, shops, land and sea transport, and the hotel industry.

Miguel Bolinaga, president of AES in Panama, said ‘we are pleased with this important LNG distribution agreement that will allow us, together with our new strategic partner, to make available to Panama and Costa Rica a new fuel that will open new opportunities for the local and regional economy’.

AES Panama’s LNG distribution center began operations in October 2019 in the province of Colon, and from there it is intended to supply the entire Central American region and the 381 MW thermal plant, located in the same place.

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