Panama Interoceanic Energy Pipeline Project

planned

The Panama Canal Authority (ACP) has launched the concessionaire selection process for a new energy pipeline project, which is a key part of the new interoceanic energy corridor. The project involves constructing a 76-kilometer pipeline with a transfer capacity of up to 2.5 million barrels per day, supported by maritime terminals on the Atlantic and Pacific sides. This infrastructure aims to facilitate the transportation of propane, butane, and ethane between the Gulf of Mexico and Northeast Asia, freeing up canal capacity without additional water usage and reducing vessel wait times to enhance the canal's competitiveness and reliability.