News Ticker

U.S. LNG Industry About to Boost, see why…..

New rules allowing a greater number of liquefied natural gas tankers to pass through the Panama Canal per day are expected to boost the development of the multibillion dollar industry along the U.S. Gulf Coast.


Visit Oilfield1 Shop


Jorge Barakat, minister of maritime affairs for the Panama Maritime Authority, said that as many as four to five LNG tankers have passed through the canal in a single day. The Panama Maritime Authority registers ships traveling through the canal.

“LNG is very important for the Panama Canal,” said Barakat, while in Houston for Panama Week Texas, an annual event to promote business ties between the state and Central American nation. “It’s increasing the amount of vessels that transit through the canal.”

The new rules come ahead of the LNG industry’s anticipated expansion along the U.S. Gulf Coast. The Houston company Cheniere Energy has emerged at the canal’s top customer among LNG exporters, moving cargoes from its Sabine Pass processing plant in Louisiana through the canal to customers in Asia. Cheniere moved 62 shipments going through the Panama Canal last year. [read more]

In the spotlight

American Oilfield Caps

by Joey Morin in Ad

Checkout these awesome new American Oilfield caps now available on the Oilfield1 Shop!!! American Oilfield Caps – Click [...]

0 Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: