US LNG production growth boosts Panama Canal traffic

The boost in gas production in the United States has resulted in an increase in LNG cargoes transiting the expanded Panama Canal.
By Staff reporter 27 June 2017 0 26539

The boost in gas production in the United States has resulted in an increase in LNG cargoes transiting the expanded Panama Canal.

"Nine percent of the more than 1,500 vessels – nearly six per day – that have transited the canal in the one year since the expansion was completed were carrying LNG," the canal’s administrator, Jorge Quijano, said at a ceremony at the Panama Cocoli Locks on Monday, according to the Latin American Herald Tribune.

Before the expansion, the canal was unable to accommodate larger LNG...

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