The Panama Canal Authority (ACP) has announced it has been awarded a grant by the US Trade and Development Agency (USTDA) to support the planning for a LNG import terminal.
When the Panama Canal expansion project is completed next year, the Canal is expected to handle significant LNG tanker traffic. In order to capitalise on this growth, the ACP is interested in developing LNG-related infrastructure projects, including an import terminal. The project has been on the ACP list of potential ventures to develop, once the Canal expanded would enter in operation.