Petroterminal de Panamá

What Petroterminal de Panamá does

Petroterminal de Panamá, S.A. (PTP) is a privately held Panamanian corporation operating a 130 km trans-isthmian crude oil pipeline that connects an Atlantic marine terminal at Chiriquí Grande, Bocas del Toro, to a Pacific marine terminal at Puerto Armuelles, Chiriquí. The pipeline and terminal infrastructure are purpose-built to load Very Large Crude Carrier (VLCC) tankers that cannot transit the Panama Canal, serving international oil companies and oil tanker operators shipping crude primarily to Asia and the West Coast of the Americas. Reported throughput is approximately 10 million barrels per month, equivalent to more than 100 million barrels annually, with hundreds of vessel calls served each year. The company is headquartered in Panama City with a small workforce (11–50 employees), consistent with the lean staffing profile of a capital-intensive pipeline operator.

PTP generates revenue primarily through per-barrel pipeline transportation tariffs and ancillary terminal services, including storage and vessel loading. Customer relationships are governed by contract-negotiated terms with a limited universe of large counterparties (IOCs and VLCC operators), and pricing is not publicly disclosed. The company's operating rights span territorial waters, marine areas, and private land rights-of-way that have been built and maintained over more than four decades. Beyond its core transport business, PTP invests in CSR and education partnerships — including Franklin Covey Education, Universidad Tecnológica de Panamá, INADEH, SENACYT, and Fundación Proyecto Primates — that are tied to its license-to-operate and workforce-development strategy in the regions crossed by its pipeline.

Name

Petroterminal de Panamá

Legal name

Petroterminal de Panamá, S.A.

Website

https://petroterminal.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Petroterminal de Panamá operates a 130 km trans-isthmian crude oil pipeline connecting Atlantic and Pacific marine terminals in Panama, serving international oil companies and VLCC operators that cannot transit the Panama Canal, with throughput of roughly 10 million barrels per month.

Ownership category

akta.pro rank

Product category

Crude Oil Transportation and Storage

NAICS

Pipeline Transportation of Crude Oil (486110), Marine Cargo Handling (488320), Support Activities for Water Transportation (4883)

SIC

Pipe Lines (No Natural Gas) (4610), Wholesale-Petroleum Bulk Stations & Terminals (5171), Water Transportation (4400)

akta.pro primary industry

Offshore / Subsea Crude Oil Pipeline Transportation (TLAGAAAD)

akta.pro secondary industries

Marine/Port-Connected Pipeline Terminals (Dock/Jetty Tank Farms) (TLAGAKAL), Crude Oil Tanker Shipping (EUALADAG)

Keywords

• Crude oil transportation
• Hydrocarbon storage
• Oil terminal operations
• Trans-isthmian pipeline
• Petroleum logistics services

Headquarters

HQ city

Panama City

HQ country

Panama

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Pipeline Transportation Services: Throughput fees for transporting crude oil via the 130 km Trans-isthmian Pipeline, moving approximately 10 million barrels monthly from Atlantic to Pacific terminals
2. Hydrocarbon Storage: Storage services for crude oil and hydrocarbons at Atlantic and Pacific terminals, serving oil tanker operations
3. Tanker Loading and Unloading: Port services for oil tankers including VLCC vessels, loading and unloading crude oil for transport to international markets
4. Logistics Corridor Services: Logistics support services leveraging dual-coastal terminal infrastructure for cargo handling and distribution

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Petroterminal de Panamá operates a 130-kilometer Trans-isthmian Pipeline connecting an Atlantic Terminal in Chiriquí Grande to a Pacific Terminal near Puerto Armuelles, transporting approximately 10 million barrels of crude oil per month (over 100 million barrels annually) for international oil companies and Very Large Crude Carrier (VLCC) operators. The company provides crude oil transportation, hydrocarbon storage, and tanker loading/unloading services for global energy markets shipping to Asia and the west coast of the Americas.

Product overview

Petroterminal de Panama S.A. operates the 'World Oil Canal' - a critical energy infrastructure system comprising two oil terminals (Atlantic Terminal in Chiriqui Grande and Pacific Terminal in Puerto Armuelles) connected by a 130-km Trans-isthmian Pipeline. The company provides hydrocarbon storage and transportation services, handling approximately 10 million barrels of crude oil per month and over 100 million barrels annually. Hundreds of oil tankers discharge and load crude for shipment to Asian markets and the west coast of the Americas. The infrastructure also includes a General Cargo Dock on the Atlantic coast. As an energy logistics company, Petroterminal de Panama serves the global oil market by providing integrated terminal operations, pipeline transport, and storage capabilities rather than consumer-facing digital products.

Differentiator

Problem solved

Functional benefit

Products and services

• Atlantic Terminal (Terminal Atlántico)

Quantifiable outcome

• Transports 10 million barrels of crude per month
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Franklin Covey EducationcoreStrategic or Co-development Partner · 16 June 2026Partnership for the 'Leading Schools for Panama: Leader in Me' educational program. Franklin Covey Education provides the educational framework while PTP funds implementation through consulting firm Greatness Center, benefiting students in Chiriquí and Bocas del Toro.
• Greatness CentercoreImplementation/ SI/ Consulting Partner · 16 June 2026Consulting firm implementing the 'Escuelas Líderes por Panamá Líder en Mí' program in schools near PTP operations, focusing on leadership skills and academic performance.
• Universidad Tecnológica de Panamá (UTP)minorStrategic or Co-development Partner · 1 January 2025Sponsorship of VI International Friendly Robotics Competition organized by UTP's ROBO-PROC research group, benefiting over 200 students.
• The Company, Producciones ArtísticasminorStrategic or Co-development Partner · 1 January 2025Theatrical experience initiative for 300 students from neighboring communities, promoting cultural education.
• SumarseminorImplementation/ SI/ Consulting Partner · 1 January 2025Advisory support for the Avancemos Equipo PTP employee wellness program based on active listening and participatory assessment.
• INADEH (Instituto Nacional de Formación Profesional y Capacitación para el Desarrollo Humano)minorStrategic or Co-development Partner · 1 January 2024Donation of welding training materials and equipment to support technical-vocational education in Barú for 150 students.
• SENACYTminorStrategic or Co-development Partner · 1 January 2023Participation in technological innovation fairs together with SENACYT and Ministry of Education, promoting STEAM education in Barú schools.
• Fundación Proyecto PrimatesminorStrategic or Co-development Partner · 1 August 2021Biodiversity conservation project 'Puentes mono y conservación de la biodiversidad en Chiriquí' focusing on primate conservation and environmental education in the Burica region.
• Ministerio de Ambiente de PanamáminorStrategic or Co-development Partner · 1 January 2021Collaboration on biodiversity conservation project in Chiriquí with regional environmental ministry office.
• Junta Comunal de LimonesminorStrategic or Co-development Partner · 1 January 2021Community collaboration for wildlife corridor installation along PTP road, supporting primate conservation.
• COSPAEminorStrategic or Co-development Partner · 1 January 2019Technical scholarship program for high school graduates from Chiriquí Grande, supporting education and creating potential future employees.

Scale indicators5 records

Recent moves6 records

Expansion highlights2 records

Market position

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PetroterminalDePanama

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petroterminal de Panamá