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Chiriqui Grande Oil Terminal
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The oil terminal at Chiriquí Grande, located on the Chiriquí Lagoon in Bocas del Toro Province, is a strategic asset for international energy transport. It serves as the Atlantic terminus of the Trans-Panama Pipeline (PTP), which connects the Atlantic and Pacific Oceans across the isthmus. The terminal facilitates the transfer of crude oil between tankers and the pipeline, providing an efficient alternative to the Panama Canal for ultra-large crude carriers. The facility features extensive storage capacities in the form of massive tank farms and modern offshore loading structures. Recently, the terminal has been modernized to handle refined petroleum products and natural gas in addition to crude oil. Its strategic significance lies in its role in global energy security, particularly in moving oil from the US Gulf Coast to the Pacific coast or Asian markets. It remains a cornerstone of Panama's energy logistics infrastructure.
- Location: Panama
- Nearby: Cristóbal (6 km)
Best time to visit & climate
The most pleasant time to visit is Jan–Mar.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg °C | 27 | 27 | 27 | 28 | 28 | 28 | 27 | 27 | 28 | 27 | 27 | 27 |
| Rain mm | 31 | 11 | 21 | 96 | 269 | 285 | 284 | 275 | 269 | 280 | 272 | 120 |
📋 Practical info
Geography
Facts
- Serves as the Atlantic terminus for the Trans-Panama Pipeline (PTP).
- Allows for crude oil transfer without a Panama Canal transit.
- Boasts storage capacities totaling millions of barrels.
- Located within the sheltered waters of the Chiriquí Lagoon.
- The facility was originally commissioned in the early 1980s.
- Capable of servicing Very Large Crude Carriers (VLCCs) via offshore moorings.
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Frequently asked questions
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