Panama Canal toll hike looms as new East Asian energy risk

Japan braces for higher import costs of household fuel LPG

20220822N Panama canal

A cargo ship passes through the locks on the Atlantic side of the Panama Canal. It takes 10 days longer to ship gas from the U.S. to Japan without using the canal. © Reuters

KOICHI MINAKAMI, Nikkei staff writer

TOKYO -- The decision by the Panama Canal to raise its tolls starting next year has sparked concerns in Asia over import costs for liquefied petroleum gas, an important energy source for households already feeling the heat of inflation.

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