Panama Canal Gas Pipeline Project

planned

Panama's President Jose Raul Mulino announced the start of a process to develop a new gas pipeline interoceanic energy corridor for the canal. The pipeline will be the first major project of this infrastructure platform, aimed at strengthening the country's competitiveness and addressing a strategic need in the global energy market. The Panama Canal board has authorized the selection process, with prequalification of interested parties expected to begin in 2025 and the final concessionaire to be chosen by the fourth quarter of 2026. The project is part of the revenue diversification strategy for the Panama Canal, which seeks to expand service offerings, increase cargo capacity without additional water use, and aims to position Panama as a key global trade hub.