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Panama Canal to see daily LNG carrier transits within 4 years

Staff Writer |
The number of LNG carrier transiting the Panama Canal could average one a day by 2021 as more U.S. supply comes on stream and targets demand in North Asia, according to Panama Canal Authority CEO Jorge L. Quijano.

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"During the past nine months of operation of the Panama Canal we have seen LNG flows that we never expected a few years back," Quijano said on the sidelines of the Sea Asia Conference, held in conjunction with the Singapore Maritime Week 2017 last week.

The initial projection was for one LNG ship a week but this had already reached three to four ships, he said.

Much of the future traffic will be driven by emerging LNG exports from the US, of which some will pass through the canal, he said.

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