• Upstream
  • Pipelines & Transport
  • Downstream
Monday, September 15, 2025
Oil&Gas Advancement
EURASIAN LUBRICANTS SHOW
  • Home
  • News
    Turkiye signs 15bn cubic meters LNG contracts

    Türkiye Signs 15 bcm LNG Contracts to Boost Energy Security

    Halt Imports of Russian Oil And Gas

    U.S. Wants EU to Halt Imports of Russian Oil and Gas Soon

    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

    Sanctions Against Russia

    US To EU – For Sanctions Against Russia, Say No to Their Oil

    110 Megawatt Heavy Duty Gas Turbine

    China Rolls Out 110-Megawatt Heavy-Duty Gas Turbine

    Power of Siberia 2 Pipeline Deal

    Russia-China Power of Siberia 2 Pipeline Deal: A New Horizon

    OPEC to Boost Oil Output

    OPEC+ To Boost Oil Output in October Amid Market Push

    US Calls on Europe to Block Russian Oil, Gas for Tougher Sanctions

  • Projects
    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

    Production Sharing Contract of Nigeria

    Production-Sharing Contract of Nigeria with TotalEnergies

    First Arctic LNG 2 Gas Delivery

    First Arctic LNG 2 Gas Delivery from Russia to China Starts

    Major Energy Deals

    Officials From Russia and The US Discuss Major Energy Deals

    Arctic LNG 2 Project from Russia

    Arctic LNG 2 Project from Russia Achieves Record Gas Output

    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

    Venture Capital Makes Phenomenal US LNG Investment

    Venture Capital Makes Phenomenal US LNG Investment

    Mabadala Energy Invests in US Natural Gas Market Expansion

    Mabadala Energy Invests in US Natural Gas Market Expansion

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home News

EIA: Expanded Panama Canal to Allow Transit of Larger Oil-, LNG-laden Ships

in News, Pipelines & Transport
down-news-gas1
Share on FacebookShare on Twitter

Ships carrying crude oil and petroleum products are limited by size restrictions imposed by several of the main thoroughfares of maritime navigation: the Panama Canal, the Suez Canal, and the Strait of Malacca. These size restrictions provide another way to classify the large tankers that carry most of global crude oil and petroleum product trade.

The Panama Canal, an important route connecting the Pacific Ocean to the Caribbean Sea and the Atlantic Ocean, currently has a limited role in global crude and petroleum product transport. The canal’s current size restrictions means smaller vessels, with capacities of approximately 400,000-550,000 barrels of light sweet crude oil, are the only ships that can safely pass through the canal. These ships are referred to as Panamax tankers, and their smaller cargos lead to a higher per-barrel cost.

 

However, the Panama Canal is undergoing an expansion that will allow for the passage of larger vessels with capacities of approximately 400,000-680,000 barrels of crude oil. These larger tankers have the potential to increase crude and petroleum product transport through the canal. Larger vessels or vessels that are slightly over the draft limit can use the Trans Panama Pipeline, which runs parallel to the canal and has both the loading and unloading points for a complete transfer, but doing so adds to shipment costs. In addition to oil transit, the expansion of the Panama Canal, now slated for late 2015, will be able to provide passage for up to 80% of global shipping of liquefied natural gas (LNG). It currently allows passage of only a small percentage of LNG shipping and only shipping by the smallest of LNG tankers.

 

The Suez Canal in Egypt is a major transit route from the Persian Gulf to the Mediterranean and beyond that to North America. The Suez Canal saves an estimated 6,000 miles of travel around the Cape of Good Hope at the southernmost point of Africa. As the sizes of vessels in the global fleet have increased, the canal was deepened and widened. The current Suezmax limitation on vessels passing through the Suez is a draft of 66 feet and a width of 164 feet. A ship of this size has a deadweight tonnage of approximately 900,000 barrels to 1.3 million barrels. However, most vessels do not transit the canal fully laden; vessels instead unload into the Suez-Mediterranean (Sumed) Pipeline, which runs parallel to the canal, prior to transit and reload once having passed through the canal.

 

The Strait of Malacca, located between Indonesia, Malaysia, and Singapore, links the Indian Ocean to the South China Sea and Pacific Ocean. The Strait of Malacca is the shortest sea route between Persian Gulf suppliers and the markets of Asia. However, the size of vessels that can safely navigate the strait (Malaccamax) is limited to a draft of 82 feet, along with length and width restrictions. This is approximately equal to a vessel classified as a Very Large Crude Carrier (VLCC), with a capacity of 1.9-2.2 million barrels of crude oil. Larger vessels, such as Ultra-Large Crude Carriers (ULCC), must use alternative navigation routes with deeper channels, adding time and cost to the voyage.

Previous Post

Woodside Selects Lloyd’s Register Energy to be a Global Inspection Provider

Next Post

For Europe’s LNG Ports, Russia Gas Fears and U.S. Exporters Buoy Demand

Related Posts

Turkiye signs 15bn cubic meters LNG contracts
Gases

Türkiye Signs 15 bcm LNG Contracts to Boost Energy Security

September 15, 2025
Halt Imports of Russian Oil And Gas
America

U.S. Wants EU to Halt Imports of Russian Oil and Gas Soon

September 15, 2025
4bn New Israeli Gas Offtake Contracts
Exploration Development

Energean Lands $4bn New Israeli Gas Offtake Contracts

September 12, 2025
LNG Procurement and Trading
Gases

Singapore-China Apply Cap on LNG Procurement and Trading

September 12, 2025
Sanctions Against Russia
America

US To EU – For Sanctions Against Russia, Say No to Their Oil

September 12, 2025
110 Megawatt Heavy Duty Gas Turbine
Gases

China Rolls Out 110-Megawatt Heavy-Duty Gas Turbine

September 11, 2025
Next Post

For Europe's LNG Ports, Russia Gas Fears and U.S. Exporters Buoy Demand

LatestNews

Halt Imports of Russian Oil And Gas
America

U.S. Wants EU to Halt Imports of Russian Oil and Gas Soon

September 15, 2025
4bn New Israeli Gas Offtake Contracts
Exploration Development

Energean Lands $4bn New Israeli Gas Offtake Contracts

September 12, 2025
LNG Procurement and Trading
Gases

Singapore-China Apply Cap on LNG Procurement and Trading

September 12, 2025
Sanctions Against Russia
America

US To EU – For Sanctions Against Russia, Say No to Their Oil

September 12, 2025
110 Megawatt Heavy Duty Gas Turbine
Gases

China Rolls Out 110-Megawatt Heavy-Duty Gas Turbine

September 11, 2025
Power of Siberia 2 Pipeline Deal
Gases

Russia-China Power of Siberia 2 Pipeline Deal: A New Horizon

September 11, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.