LNG exporters see a competitive advantage in western Mexico
'It makes sense', according to Reid I'Anson, a macroeconomist with the energy data firm Kpler, pointing out that LNG carriers have had a tough time traversing the Panama Canal in the past year
A recent Lloyd’s List analysis drew attention to congestion at the Panama Canal that had forced many tankers carrying US LNG to sail a much longer route across the South Atlantic and around the Cape of Good Hope to reach Asian markets, increasing transportation costs