×
×
Project Insights

Panama’s LNG hub ambition faces hurdles

Panama’s LNG developers must fend off competition from domestic renewables and alternative terminals in the US to fulfil their ambition of creating Central America’s first LNG hub Panama’s LNG developers must fend off competition from domestic renewables and alternative terminals in the US to fulfil their ambition of creating Central America’s first LNG hub.
By Elena Mataro 14 November 2019 Americas / Supply & Demand 0 34789
Cameron LNG project in Louisiana. (Sempra)

The key issue: Panama inaugurated a new storage tank at its Costa Norte LNG terminal in mid-October. The aim is to provide bunkering and ISO-container loading services to neighbouring countries in Central America.

Interfax analysis: Panama will use a new storage tank inaugurated at its Costa Norte LNG terminal last month to establish a distribution network serving Central American countries via ISO containers. Containerised LNG is a more viable option for these countries as it means they will not need to develop expensive regasification...