Panama Canal's Billion-Dollar Pipeline Plan
Update: 2025-09-18
Description
Panama Canal officials have announced a massive $4-8 billion project to construct a new LPG pipeline, sparking interest from energy giants like Exxon Mobil and Shell. This pipeline aims to streamline US LPG shipments to Asia, potentially generating $1-1.2 billion in annual revenue for the canal and ensuring its continued dominance in global shipping.
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