Panama begins buying the 41% stake in Petroterminal from US firm NIC Holding, taking full control of the pipeline that bypasses the Panama Canal. Funded by cash flow.
Panama · Economy
Key Facts
—Announcement date. July 17, 2026, by Panama's Ministry of Economy and Finance.
—Current ownership split. The Panamanian state holds 59%, while US-based NIC Holding Corp owns 41%.
—Purchase price. Undisclosed; will be calculated using a pre-agreed formula based on audited financial statements.
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