LNG

China has strong incentive to widen Panama Canal

China, which is now receiving one out of every four US LNG cargoes, has provided more than $150 billion in loans to Latin America since 2005 China, which is now receiving one out of every four US LNG cargoes, has provided more than $150 billion in loans to Latin America since 2005.
By Chris Noon 16 April 2018 0 30442
Forecast of US to Asia LNG flows Vs Panama Canal transit capacity

The Panama Canal is likely to reach its transit capacity for LNG tankers in the early 2020s, the Oxford Institute for Energy Studies (OIES) said in a report last week

US LNG exports with Asian destinations

If the waterway is not expanded, it could mean more than 80% of United States-produced LNG flowing to Asian markets by 2035 will miss out on the shortcut. The...