Suez Canal cuts LNG toll discount

Suez Canal Authority revealed that the transit toll discount for LNG carriers will be reduced in 2015. 

Mohab Mamish, the Suez Canal Authority chairman told at a conference that the 2015 discount for LNG carriers has been reduced to 25% from 35% in 2015, reports Reuters.

Mamish told that canal revenues rose 6.8% in 2014, compared to the year before, reaching $5.45 billion. Total tonnage passing through the canal in 2014 reached 962.7 million tons.

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LNG World News Staff; Image: Suez Canal Authority