LNG

Wider Panama Canal a boon for Latin LNG trade

Mexico and Chile have imported around 4.2 mt of LNG via tankers that transited the Panama Canal since its expansion. Latin exporters are also reaping the rewards Mexico and Chile have imported around 4.2 mt of LNG via tankers that transited the Panama Canal since its expansion. Latin exporters are also reaping the rewards.
By Chris Noon 5 April 2018 0 30295
The Panama Canal. A container ship being guided through the Panama Canal. (PA)

The expansion of the Panama Canal appears to have been a boon for LNG trading in Latin America and the Caribbean. As of late March, 6 mt of LNG heading to or from the region had transited the waterway since its expansion was completed in June 2016, according to data provided to Interfax Natural Gas Daily by the Panama Canal Authority (PCA). 

Latin American importers accounted for around 70% of these volumes. Mexico and Chile imported 3.1 mt and 1.1 mt respectively over the period, according...