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Panama Buys Out Petroterminal de Panama for US$191.7 Million

Panama's government approved a US$191.7 million buyout of the remaining 41% of Petroterminal de Panama. The state gains full control of the trans-isthmian pipeline and terminals, financed by the…

  • Panama completes US$191.7 million purchase of Petroterminal de Panama on August 21, 2026.
  • State now owns company outright, increasing ownership from 59% to 100%.
  • Acquisition grants control over trans-isthmian oil pipeline and terminals.

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