diff --git a/conn.go b/conn.go
index bcbf88ad..6fe4ba72 100644
--- a/conn.go
+++ b/conn.go
@@ -72,6 +72,7 @@ type ConnConfig struct {
 	Logger            Logger
 	LogLevel          int
 	Dial              DialFunc
+	Timeout           time.Duration
 	RuntimeParams     map[string]string                     // Run-time parameters to set on connection as session default values (e.g. search_path or application_name)
 	OnNotice          NoticeHandler                         // Callback function called when a notice response is received.
 	CustomConnInfo    func(*Conn) (*pgtype.ConnInfo, error) // Callback function to implement connection strategies for different backends. crate, pgbouncer, pgpool, etc.
@@ -259,7 +260,7 @@ func connect(config ConnConfig, connInfo *pgtype.ConnInfo) (c *Conn, err error)
 
 	network, address := c.config.networkAddress()
 	if c.config.Dial == nil {
-		c.config.Dial = (&net.Dialer{KeepAlive: 5 * time.Minute}).Dial
+		c.config.Dial = (&net.Dialer{Timeout: c.config.Timeout, KeepAlive: 5 * time.Minute}).Dial
 	}
 
 	if c.shouldLog(LogLevelInfo) {
@@ -686,13 +687,22 @@ func ParseURI(uri string) (ConnConfig, error) {
 	}
 	cp.Database = strings.TrimLeft(url.Path, "/")
 
+	if pgtimeout := url.Query().Get("connect_timeout"); pgtimeout != "" {
+		timeout, err := strconv.ParseInt(pgtimeout, 10, 64)
+		if err != nil {
+			return cp, err
+		}
+		cp.Timeout = time.Duration(timeout) * time.Second
+	}
+
 	err = configSSL(url.Query().Get("sslmode"), &cp)
 	if err != nil {
 		return cp, err
 	}
 
 	ignoreKeys := map[string]struct{}{
-		"sslmode": {},
+		"sslmode":         {},
+		"connect_timeout": {},
 	}
 
 	cp.RuntimeParams = make(map[string]string)
@@ -750,6 +760,12 @@ func ParseDSN(s string) (ConnConfig, error) {
 			cp.Database = b[2]
 		case "sslmode":
 			sslmode = b[2]
+		case "connect_timeout":
+			t, err := strconv.ParseInt(b[2], 10, 64)
+			if err != nil {
+				return cp, err
+			}
+			cp.Timeout = time.Duration(t) * time.Second
 		default:
 			cp.RuntimeParams[b[1]] = b[2]
 		}
@@ -787,6 +803,7 @@ func ParseConnectionString(s string) (ConnConfig, error) {
 // PGPASSWORD
 // PGSSLMODE
 // PGAPPNAME
+// PGCONNECT_TIMEOUT
 //
 // Important TLS Security Notes:
 // ParseEnvLibpq tries to match libpq behavior with regard to PGSSLMODE. This
@@ -822,6 +839,14 @@ func ParseEnvLibpq() (ConnConfig, error) {
 	cc.User = os.Getenv("PGUSER")
 	cc.Password = os.Getenv("PGPASSWORD")
 
+	if pgtimeout := os.Getenv("PGCONNECT_TIMEOUT"); pgtimeout != "" {
+		if timeout, err := strconv.ParseInt(pgtimeout, 10, 64); err == nil {
+			cc.Timeout = time.Duration(timeout) * time.Second
+		} else {
+			return cc, err
+		}
+	}
+
 	sslmode := os.Getenv("PGSSLMODE")
 
 	err := configSSL(sslmode, &cc)
diff --git a/conn_test.go b/conn_test.go
index c1cb4ebe..696a4003 100644
--- a/conn_test.go
+++ b/conn_test.go
@@ -567,6 +567,21 @@ func TestParseDSN(t *testing.T) {
 				},
 			},
 		},
+		{
+			url: "user=jack host=localhost dbname=mydb connect_timeout=10",
+			connParams: pgx.ConnConfig{
+				User:     "jack",
+				Host:     "localhost",
+				Database: "mydb",
+				TLSConfig: &tls.Config{
+					InsecureSkipVerify: true,
+				},
+				Timeout:           10 * time.Second,
+				UseFallbackTLS:    true,
+				FallbackTLSConfig: nil,
+				RuntimeParams:     map[string]string{},
+			},
+		},
 	}
 
 	for i, tt := range tests {
@@ -697,6 +712,21 @@ func TestParseConnectionString(t *testing.T) {
 				},
 			},
 		},
+		{
+			url: "postgres://jack@localhost/mydb?connect_timeout=10",
+			connParams: pgx.ConnConfig{
+				User:     "jack",
+				Host:     "localhost",
+				Database: "mydb",
+				TLSConfig: &tls.Config{
+					InsecureSkipVerify: true,
+				},
+				Timeout:           10 * time.Second,
+				UseFallbackTLS:    true,
+				FallbackTLSConfig: nil,
+				RuntimeParams:     map[string]string{},
+			},
+		},
 		{
 			url: "user=jack password=secret host=localhost port=5432 dbname=mydb sslmode=disable",
 			connParams: pgx.ConnConfig{
@@ -802,7 +832,7 @@ func TestParseConnectionString(t *testing.T) {
 }
 
 func TestParseEnvLibpq(t *testing.T) {
-	pgEnvvars := []string{"PGHOST", "PGPORT", "PGDATABASE", "PGUSER", "PGPASSWORD", "PGAPPNAME", "PGSSLMODE"}
+	pgEnvvars := []string{"PGHOST", "PGPORT", "PGDATABASE", "PGUSER", "PGPASSWORD", "PGAPPNAME", "PGSSLMODE", "PGCONNECT_TIMEOUT"}
 
 	savedEnv := make(map[string]string)
 	for _, n := range pgEnvvars {
@@ -835,11 +865,12 @@ func TestParseEnvLibpq(t *testing.T) {
 		{
 			name: "Normal PG vars",
 			envvars: map[string]string{
-				"PGHOST":     "123.123.123.123",
-				"PGPORT":     "7777",
-				"PGDATABASE": "foo",
-				"PGUSER":     "bar",
-				"PGPASSWORD": "baz",
+				"PGHOST":            "123.123.123.123",
+				"PGPORT":            "7777",
+				"PGDATABASE":        "foo",
+				"PGUSER":            "bar",
+				"PGPASSWORD":        "baz",
+				"PGCONNECT_TIMEOUT": "10",
 			},
 			config: pgx.ConnConfig{
 				Host:              "123.123.123.123",
@@ -850,6 +881,7 @@ func TestParseEnvLibpq(t *testing.T) {
 				TLSConfig:         &tls.Config{InsecureSkipVerify: true},
 				UseFallbackTLS:    true,
 				FallbackTLSConfig: nil,
+				Timeout:           10 * time.Second,
 				RuntimeParams:     map[string]string{},
 			},
 		},