Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Panama Canal LNG transits spike

    Panama Canal LNG transits spike

    January 13, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp
    Panama Canal

    13 January 2018, News Wires – The number of liquefied natural gas (LNG ) carriers transiting the expanded Panama Canal has been steadily rising since July 2016 reaching record highs last year, driven by US exports of shale gas.

    The expanded canal is able to accommodate about 90 percent of the world’s current LNG tankers. Only the Q-Flex and Q-Max tankers used for exports from Qatar are not able to use the canal.

    The traffic data by the Panama Canal Authority (ACP) shows that the number of transits by LNG tankers spiked to 163 in fiscal year 2017 as compared to 17 in the year before. This represents a year-on-year rise of 859 percent.

    In total, 11,992 vessels have transited the canal in fiscal year 2017. There were 1,039 transits of LPG and LNG, placing the combined total fourth in the number of overall transits, according to the data.

    Currently, only one LNG carrier is allowed to transit the canal daily. It has been previouslyreported that the authority is looking to double that number by October 2018.

     

    • LNG World News

    Related News

    Natural gas bulls should bemoan Indonesia’s coal export blues

    NLNG launches Train-7 Human Capacity Development BTSP in Rivers

    Axxela expands domestic gas utilisation

    E-book
    Resilience Exhibition

    Latest News

    Libya becomes a full participating state and shareholder of Afreximbank

    May 31, 2025

    NUPRC welcomes ENSERV, emphasises strategic collaboration 

    May 31, 2025

    Natural gas bulls should bemoan Indonesia’s coal export blues

    May 31, 2025

    Russia’s Gazprom says Q1 net profit edges up to $8.4 billion

    May 31, 2025

    Saudi Aramco could tap debt markets again after $5 billion bond sale

    May 31, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.