In July, the United States forged ahead of B.C. with the first liquefied natural gas (LNG) export cargo from the Sabine Pass LNG Terminal on the U.S. Gulf Coast.
The 162,000-cubic-metre capacity Maran Gas Apollonia was routed via the newly expanded Panama Canal, cutting the sailing distance to Asia to 9,000 nautical miles from 16,000, which translates to a saving of around 23 days of transit time. Examples like this underscore that, despite slumping prices, our export competitors aren’t standing still.
Published October 12, 2016
Last modified on June 25, 2018