ACP to build LNG infrastructure at Panama Canal

ACP to build LNG infrastructure at Panama Canal

U.S. Trade and Development Agency awarded a US$878,800 grant to the Panama Canal Authority (ACP) to conduct an LNG terminal project feasibility study. 

Panama Canal Authority invited submission of proposals from interested U.S. companies to develop a feasibility study to assess and plan the development of LNG-related projects in Panama, according to the filing.

ACP is looking to build LNG-related infrastructure in order to capitalize on the projected increase in LNG tanker traffic resulting from the expansion of the Panama Canal.

Specifically, the feasibility study should give recommendations to develop a comprehensive strategy for the development of LNG facilities on canal property.

It should also, “define effective policies, standards, and procedures to guide and support the ACP’s LNG development program, evaluate new services and applications derived from the increased availability of natural gas supplies in Panama and provide an implementation plan, including project schedules, budgets, and equipment recommendations.”

Deadline for the submission of proposals has been set to January 29, 2016.

 

LNG World News Staff

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