Panama expects LNG tanker traffic to grow by 50 percent

The number of liquefied natural gas (LNG) tankers traversing the Panama Canal is expected to jump 50 percent by September due to rising exports of the fuel from the United States.

Demand for LNG has taken off in recent years because of abundant supplies of natural gas, especially from United States shale fields, and because natural gas is a cleaner burning fuel than coal or oil.

Source: Reuters