TotalEnergies Marketing USA, Inc. Central America division and Terpel Panama have sealed a strategic partnership for the commercialization of TotalEnergies' innovative lubricants product portfolio. This collaboration will bring TotalEnergies' products to a wider audience and available at Terpel's network of 192 service stations across the country. This includes the entire wide range of motor oils for light vehicles produced by TotalEnergies.

Terpel Panama, a subsidiary of Petrolera Nacional, S. A. and Compañía de Petróleos de Chile (COPEC S.A.), counts with 192 service stations, 130 fleet stations, 75 full-service stations and more than 60 convenience stores throughout the country where TotalEnergies lubricants will be available.

"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, Inc.

"As Terpel Panama, we have an extensive network of service stations throughout the country. We know our customers and we know that they place significant importance on the quality of our fuels, so this agreement with TotalEnergies will allow us to also offer them the best quality lubricants on the market. We are certain with this important partnership we will be able to grow strongly in the coming years," said Gustavo Rodriguez, CEO, Terpel Panama.

Francisco Ovalle, Head of Central America and Belize at TotalEnergies Marketing USA, Inc. added, "With more than 10 years in Panama and across Central America, number one marine lubricant, power generation and LNG supplier in the country, this partnership will expand the availability of our products in the retail market. This type of agreement is key for us to continue offering the final consumer the range of TotalEnergies lubricants for all types of light and heavy-duty vehicles. Our partnership is a testament of our dedication to expanding our global footprint. Panama's markets hold immense potential, and with Terpel Panama's local expertise, we are poised to provide exceptional lubrication solutions to a wider customer base."

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