Project Profile
Location: Panama west to east
Capacity: 860, 000 barrels per day
The Trans-Panama Pipeline is an oil pipeline across Panama near the Costa Rican border from the port of Chiriqui Grande, Bocas del Toro on the Caribbean coast to the port of Charco Azul on the Pacific coast.
The 81-mile Trans-Panama Pipeline opened in 1982 to transport oil from Alaska’s North Slope to Caribbean and US Gulf Coast refineries. The pipeline shut down in 1996 as Alaskan crude shipments declined and reopened in 2003 to transport Ecuadorian crude to the Gulf Coast.
BP and PTP entered into an agreement in May 2008 by which PTP committed to reverse the pipeline and BP committed to lease storage and ship crude oil from the Atlantic Basin along the pipeline. PTP completed pipeline reversal in August 2009, with CB&I building the storage tanks.
The pipeline is 130-kilometre (81 mi) long and it has a capacity of 860 thousand barrels per day (137×103 m3/d).
Operators:
Petroterminal de Panama S.A: Operator with 60% interest
Government of Panama: 40% interest
Contractors:
CB&I: EPC contract