LNG carriers liven up US Gulf and Caribbean waters

LNG filters through to Jamaicas Montego Bay power plant by means of a shuttle tanker

LNG carrier (LNGC) traffic throughout the Caribbean is on a steep growth curve, as US Gulf exports climb, regional import projects come onstream and Panama Canal transits rise

LNGC transits of Caribbean waters are gaining ground and poised to erupt. The US is one-quarter of the way through the first phase of a huge build-up in LNG exports, while developers of several planned ‘second-wave’ US liquefaction plants are nearing final investment decisions.

At the receiving end, new import terminals have opened in Colombia and Panama, while Jamaica is making ready to bring a floating regasification and storage unit (FSRU) into operation. The opening of expanded locks in June 2016 by the Panama Canal Authority…

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