The Panama Canal Authority (ACP) will receive a grant sponsored by the US Trade and Development Agency. The grant will be used for the development of a feasibility study, which will both assess and plan the development of LNG infrastructure to capitalise on the expected increase in LNG tanker traffic. The increase in traffic is expected because of the expansion of the canal.
The ACP is currently asking US firms for offers to create the feasibility study. The authority states that the study must include specific reference to the following: development of a strategy for the construction of LNG facilities on site; definition of efficient policies, procedures and standards to both guide and help the grantee’s development of the LNG programme; consider new applications and services owing to the increased supply of natural gas in the region; and provide a plan to implement the project, including budgets, scheduling times and specific equipment recommendations.
Edited from various sources by David Rowlands
Read the article online at: https://www.lngindustry.com/lng-shipping/20012016/lng-feasibility-study-requested-by-panama-canal-authority-1894/