The Panama Canal Authority has started the competitive bidding process for a $4–8 billion liquefied petroleum gas (LPG) pipeline that will move U.S. exports bound for Asia. Energy majors including ExxonMobil, Phillips 66, Shell, and Energy Transfer attended initial meetings, with a winner expected in late 2026.
The project, designed to move U.S. LPG bound for Asia, is part of a proposed $4–8 billion energy corridor that would add three new gas pipelines through Panama.
TotalEnergies said Argentine gas must reach Brazil at below $10/MMBtu to stay competitive, citing infrastructure challenges and the need for lower tariffs to unlock Vaca Muerta’s export potential.
Colombia’s Ecopetrol cannot buy natural gas from Venezuela due to U.S. sanctions, Chairwoman Monica de Greiff confirmed. The restrictions come as Colombia faces a looming gas deficit that could reach 20% by 2026.
Sawgrass LNG & Power has secured a new contract to continue supplying LNG to Barbados National Energy Company, extending a partnership that began in 2016. The deal supports Barbados’ energy security and transition toward a diversified, lower-emissions energy mix.
Panama has launched the development of its first canal gas pipeline as part of an interoceanic energy corridor, President Jose Raul Mulino announced. The project, aimed at boosting Panama’s role as a global trade hub, will begin prequalification this year with a concessionaire expected by late 2026.
U.S. LNG exports climbed to a record 9.33 million tons in August, driven by rising output at Venture Global’s Plaquemines plant and increased demand from Europe.
Colombia’s natural gas sector will see a 35% investment increase in 2025, rising to $1.1 billion, according to the Naturgas association. Most of the spending will go to exploration and production as the country works to ease a growing gas supply deficit.
Seatrium has secured a contract from Golar to upgrade the FLNG Hilli Episeyo for redeployment offshore Argentina, where it will liquefy gas from the Vaca Muerta shale starting in 2027.
AMIGO LNG has awarded Drydocks World the EPC contract for a 4.2 MTPA floating LNG facility, set to be the world’s largest FLNG project and a key export hub for Permian gas to Asia and Latin America.
Nikkiso will supply LNG regasification systems and engineering services for a Shell-backed power project in Nassau, Bahamas, replacing diesel with natural gas to support lower-carbon generation at Clifton Pier.
Chevron has shipped its first Venezuelan oil cargoes to the U.S. after receiving a renewed license from Washington, marking a policy shift in sanctions and boosting Gulf Coast refinery supply.
The Panama Canal plans to launch a tender in early 2026 for the construction and operation of two new ports within its zone, part of an $8.5 billion expansion to boost cargo handling, storage, and gas transport capacity.
CPP Investments will sell its 49.87% stake in Peru’s main natural gas pipeline operator, TgP, to EIG. The deal, subject to approvals, marks the end of a decade-long investment in a key supplier for 40% of Peru’s power generation.
Peru’s state-run Petroperu is working on an agreement with Petroecuador to connect Ecuadorian oil wells to Peru’s northern pipeline, enabling crude deliveries to the expanded Talara refinery.
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