Sky News Australia: LNG expansion on Abbott agenda

When Tony Abbott works the boardrooms of Houston this week there will be three letters on everyone's lips - LNG.

And the biggest project occupying the minds of liquefied natural gas industry figures is the Panama Canal expansion.

Costing $A5.6 billion, the wider and deeper channels and locks of one of the world's most famous waterways will for the first time allow massive Post-Panamax ships to make their way from North America to the booming markets of Asia.

It is expected to almost double the cargo moved via the canal over a decade.

On board will be American LNG competing against the Australian product. MORE