The Swiss international Mercuria Energy Group has acquired, through Minerva Bunkering, 100% of the capital stock of Cepsa Panama, the subsidiary created in 1998 by the Spanish group to offer marine fuel supply services in the ports of Cristóbal and Balboa.

From Mercuria Energy Group they have not disclosed the amount of the operation, but they do advance that they will change the name of Cepsa Panama, which will join the global physical network of Minerva, which already covers 30 ports. The company explains that it will continue to provide customers on both sides of the canal, with local staff supported by Minerva teams in New York and Houston.