The channel administrator, Ricaurte Vásquez, indicated that the “Liquefied Petroleum Gas Movement” is a market segment “highly relevant to the Panama Canal”, because its demand “”will double in the next 10 years”
As it is impossible to double the transits of gas vessels on this sea route, the gas pipeline is presented as a profitable alternative, he said.
The duct would allow to transport from the Panamanian Caribbean Liquefied oil gas arrived on ships from the east coast of the United States. On the Pacific coast the fuel would be re -opened to Japan and other Asian nations.
In Panama it exists for years A duct that transports oil From the Pacific coast to the Atlantic, but does not belong to the Panama Canal Authority (ACP), the autonomous state entity that operates the road since it was delivered by the United States to Panamanian hands on the last day of 1999.