Panama Canal, Trade Data, and LNG

Panama Canal, Trade Data, and LNG

Postby Josh » Wed Apr 27, 2016 8:36 am

http://www.eia.gov/todayinenergy/detail.cfm?id=25992

VLGCs can't pass through the Panama Canal they cannot provide Panama and Asia with Gulf Coast LNG directly. They have to stop in Aruba, Puerto Rico, or DR to switch tankers first. The most interesting factoid:

muhfuggin article wrote:This cargo transfer activity is likely affecting trade data. Much of EIA's energy export data is based on information from U.S. Customs and Border Patrol, which collects the final destination of an export, if known. Despite this requirement, some of the propane cargoes exported from the United States that undergo a ship-to-ship transfer will cite the jurisdiction of the transfer, not the cargo's actual final destination. U.S. export data show increased propane exports to countries in the Caribbean and Central America where the ship-to-ship transfers are taking place, but these countries do not have sufficient domestic demand for—nor the infrastructure to store and distribute—such large quantities of propane.


Personally, I'm surprised that the math didn't justify either a pipeline across Panama with two facilities at either end, or increasing off-loading capacity on the West coast. But, they have already started to expand the canal so it can take more goods, like ur mom.
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Re: Panama Canal, Trade Data, and LNG

Postby John Galt » Wed Apr 27, 2016 9:11 am

new panamax opens in a month. according to this, 90% of LNG ships are not-panamax compatible, but 90% of LNG ships are new panamax compatible

https://rbnenergy.com/a-man-a-plan-an-e ... -transport
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Re: Panama Canal, Trade Data, and LNG

Postby IndependentProfessor » Wed Apr 27, 2016 9:12 am

I like what you did there, Josh. Right at the end. Hahaha
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