Americas Trade

Latin America’s LNG needs will remain weak despite Panama becoming the region’s latest importer of the fuel.

Panama imported its first LNG cargo in June. The shipment, which came from the Sabine Pass plant in the US, will be used to start up the 1.5 mtpa Costa Norte LNG terminal and a gas-fired power plant being built at Colón. Although the terminal will account for less than 3% of the region’s regasification capacity, it could promote the development of small-scale LNG technology in the local and...