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Panama Canal Plans 80-Kilometer Gas Pipeline for Liquefied Petroleum Gas Amid Trump Threats Over Canal Ownership

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Panama Canal Plans 80-Kilometer Gas Pipeline for Liquefied Petroleum Gas Amid Trump Threats Over Canal Ownership

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  • EFE Noticias
  • CartaCapital
  • DW Español

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Updated

The Panama Canal is considering the construction of an 80-kilometer gas pipeline to enhance its operations and expand its business. This announcement comes amid renewed threats from U.S. President Donald Trump, who has stated that the U.S. should never have transferred ownership of the canal to Panama, which he claims was done for just one dollar. The canal's administrator, Ricaurte Vásquez, emphasized the global significance of the canal and the need to strengthen client trust in light of Trump's comments. The pipeline project aims to transport liquefied petroleum gas (LPG), with Japan identified as a potential customer for U.S. exports. This strategic move follows challenges faced by the canal, including a drought and a recent court ruling.

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Sources

    U.S. Global Investors
    U.S. Global InvestorsTwitter verified badge
    @USFunds

    The Panama Canal is exploring a pipeline to transport liquefied petroleum gas (LPG), with Japan seen as a key potential customer for U.S. exports. The move comes as the canal diversified operations after a drought and court ruling, reports @Reuters, including plans for a nearby… https://t.co/kwDsRV31BD

    Brian Winter
    Brian WinterTwitter verified badge
    @BrazilBrian

    Panama has yielded to Trump on several issues but he continues saying he wants the canal back. Time for a new, less accommodating strategy, writes @alonsoillueca for AQ https://t.co/rd97NvnQDQ

    TVN Noticias
    TVN NoticiasTwitter verified badge
    @tvnnoticias

    Judge Luis Alfonso Guerra referred to electoral reform. 👉🏻 More details about this note at the link in our profile or at https://t.co/weydAJt990. https://t.co/aKdOqxmTJa