San Francisco: The US Trade and Development Agency (USTDA) has awarded a grant to the Panama Canal Authority (ACP) funding a feasibility study for a possible Liquefied Natural Gas (LNG) import terminal near the Canal.
Once complete and operational, some time in 2016, the expanded canal will be able to handle the latest generations of mega ships. But it also going to be ready for a significant quantity of LNG tanker traffic.
For that reason the ACP would like to develop an LNG terminal to take advantage of this boom, and the USTDA’s grant puts the Americans in pole position to partner with the Panamanians on such a project.
