US backs Panama Canal's LNG import terminal

The U.S. Trade and Development Agency has awarded a grant to the Panama Canal Authority, or ACP, to support a study on a future terminal for imported liquefied natural gas, a new segment that will be opened up as a result of the ongoing expansion of the interoceanic waterway, the canal's administrator said.

"As we near the completion of the Panama Canal Expansion, we are eager to explore new segments such as LNG, which are now possible given our enhanced capacity to accommodate longer and wider ships," Jorge Quijano said Friday after signing the technical cooperation accord.



Source: Efe