# Panama Canal pricing structure could see variable component tied to demand | S&P Global

> Panama Canal Authority is considering a new pricing structure with a variable fee for LNG transits during winter, plus possible extra fees for non-compliant ships during peak energy demand. The canal is seeking closer contact with market participants to ease congestion that diverted some LNG tankers around the Cape of Good Hope.

- Date: 2021-12-23 · published 2021-12-23T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/43484-panama-canal-pricing-structure-could-see-variable-component-tied-to-demand-s
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Canal toll changes and congestion mainly affect LNG routing and energy shipping costs, with limited direct impact on feed commodity freight.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-11-12 | [Panama Canal says trade rebound is underway after record drought](https://feedsoft.ai/events/16987-panama-canal-says-trade-rebound-is-underway-after-record-drought.md) | +32.3% | +61.1% |
| NATGAS | 2026-10-08 | [European Natural Gas Prices Defy Rebound in Middle Eastern LNG Shipments](https://feedsoft.ai/events/629-european-natural-gas-prices-defy-rebound-in-middle-eastern-lng-shipments.md) | +0.2% | -10.6% |
| NATGAS | 2019-06-01 | [Liquefied natural gas imports limited price spikes in New England this winter](https://feedsoft.ai/events/59267-liquefied-natural-gas-imports-limited-price-spikes-in-new-england-this-winter.md) | -5.5% | -6.3% |
| NATGAS | 2022-11-14 | [U.S. natgas up 1% after paring gains on Texas Freeport LNG delay rumors \| Reuters](https://feedsoft.ai/events/38855-u-s-natgas-up-1-after-paring-gains-on-texas-freeport-lng-delay-rumors-reuters.md) | +16.7% | +25.3% |
| NATGAS | 2017-08-10 | [From Natural Gas Pipeline to Grain Trade, US and Mexico Feed Each Other](https://feedsoft.ai/events/69424-from-natural-gas-pipeline-to-grain-trade-us-and-mexico-feed-each-other.md) | +2.4% | +5.0% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/lng/122321-panama-canal-pricing-structure-could-see-variable-component-tied-to-demand

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.