The Panama Channel Administration (ACP) has officially launched the Concessaire selection process for its new energy pipeline project with an initial market conflict event held in Panama.
This gathering over 45 representatives From World Energy Companies.
Pipeline, a The cornerstone From the new interstitial energy corridor, the first main development of this infrastructure platform is.
This is to strengthen Panama’s competition when meeting with Strategic demand In the world market of energy products.
This the corridor of propane transport, butane and Ethan between The Gulf of Mexico Vat Northeast AsiaThis releases the channel’s capacity without the use of excess water. ACP goal is to increase channel performance by reducing ship waiting time.
Planned infrastructure includes a 76 km pipeline With the capacity of transmission up to 2.5 million barrels per daySupported by marine terminals in the Atlantic and Pacific Ocean.
The Panama Channel is committed to ensuring that this plan is in line with international standards SecurityWith Environmental protectionVat Operational excellenceHuman
Read: Panama Energy Corridor progresses with a gas pipeline project
At this initial step, ACP is looking important Feedback Of the potential privileges in the proposed structure, roles and scores. Individual meetings are held with enthusiasts to participate in the rating selection process.
In this Initial Market Engagement Event, The Following Componies Participated: CB Fenton & Co, ENEOS, Energy Transfer, Exxonmobil, Fortress, Gyxis Corporation, Itochu Corporation, Japan Bank for International Cooperation (JBIC), Mitsubishi, Mitsubishi, Nippon Koei, Otamerica, Phillips 66, Promigas, Puma Energy, Reagent Energy Group, Shell, Sk Energy, Sumitomo Company, SMBC (Sumitomo Mitsui Banking Corp), Targa Rega Ultranav and Vitol.
Last month, China’s COSCO State Transport Company announced that it is searching at least 20 % of shares in a $ 2.3 billion port development project on the Panama Channel.
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