TotalEnergies Marketing USA Central America and Terpel Panama have formed a strategic partnership to promote the commercialization of TotalEnergies’ lubricants product range. This collaboration will expand the reach of TotalEnergies’ products, making them available at Terpel’s extensive network of 192 service stations nationwide. The product lineup includes a broad selection of motor oils for light vehicles, the company confirmed.
In addition to these 192 service stations, Terpel Panama, a subsidiary of Petrolera Nacional, S.A. and Compañía de Petróleos de Chile (COPEC S.A.), operates 130 fleet stations, 75 full-service stations, and over 60 convenience stores across the country, all of which will offer TotalEnergies lubricants.
“Through this alliance, we expand the availability of our products in the service station network in the country. This type of agreement is key to continue offering the end consumer the wide range of TotalEnergies lubricants for all types of vehicles, strengthening our omnichannel presence,” said Franck Bagouet, CEO and president of TotalEnergies Marketing USA.
Francisco Ovalle, Head of Central America and Belize at TotalEnergies Marketing USA, Inc., stated, “With over 10 years of experience in Panama and throughout Central America, and as the leading supplier of marine lubricants, power generation, and LNG in the country, this partnership will enhance the availability of our products in the retail market. This type of collaboration is crucial for us to continue offering a wide range of TotalEnergies lubricants for both light and heavy-duty vehicles. Our partnership underscores our commitment to expanding our global presence. Panama’s markets present significant potential, and with Terpel Panama’s local expertise, we are well-positioned to deliver outstanding lubrication solutions to a broader customer base.”
