# LNG tankers without reservations seeing longer waiting times at Panama Canal -

> Market participants report waits of six to eight days northbound and four to six days southbound at the Panama Canal for LNG tankers without reservations. Utilization at US liquefaction terminals hit a record 9.645 Bcf/d, and the JKM benchmark has risen nearly fourfold since April.

- Date: 2020-11-03 · published 2020-11-03T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/50040-lng-tankers-without-reservations-seeing-longer-waiting-times-at-panama-canal
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Record US LNG output and strong Asian gas prices underpin demand for US gas exports, while canal delays add cost to the route, with little direct effect on feed grain flows.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-11-07 | [Between 10 and 15 Days to Cross the Panama Canal Without a Reservation » Puente de Mando](https://feedsoft.ai/events/50039-between-10-and-15-days-to-cross-the-panama-canal-without-a-reservation-puente.md) | +4.7% | -13.6% |
| NATGAS | 2026-06-24 | [Two Pressures, One Canal: Conservation Meets Geopolitics at Panama \| Engineering News-Record](https://feedsoft.ai/events/16849-two-pressures-one-canal-conservation-meets-geopolitics-at-panama-engineering.md) | +3.7% | -11.2% |
| NATGAS | 2020-10-30 | [Congestion Hits the Panama Canal and the Pandemic Isn't Helping](https://feedsoft.ai/events/50536-congestion-hits-the-panama-canal-and-the-pandemic-isn-t-helping.md) | -11.5% | -16.6% |
| NATGAS | 2020-10-30 | [Panama Canal Clogged With Ships, and Pandemic Is Making It Worse  \| Financial Post](https://feedsoft.ai/events/50539-panama-canal-clogged-with-ships-and-pandemic-is-making-it-worse-financial-post.md) | -11.5% | -16.6% |
| NATGAS | 2022-09-07 | [Global scramble for LNG tankers likely to boost gas prices further](https://feedsoft.ai/events/39771-global-scramble-for-lng-tankers-likely-to-boost-gas-prices-further.md) | +0.7% | -27.1% |

## Sources

- panamaadvisoryinternationalgroup.com: https://panamaadvisoryinternationalgroup.com/blog/lng-tankers-without-reservations-seeing-longer-waiting-times-panama-canal/

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