Historic Investment: Santander Executes 15 Gas Projects for $51.675 Million Benefiting 19,246 Households

President Petro had previously announced his intention to import gas from Venezuela. Photo: Istock

Historic Investment: Santander Executes 15 Gas Projects for $51.675 Million Benefiting 19,246 Households

TL;DR

  • Santander is investing $51.675 million in 15 gas projects, the largest historical investment of its kind.
  • The projects aim to benefit 19,246 households, with a focus on rural areas and popular sectors.
  • The initiatives include expanding natural gas, LPG networks, and eco-efficient alternatives to replace firewood and other costly fuels.
  • Benefits include reduced exposure to smoke, decreased respiratory diseases, lower monthly expenses for families, and advancement in energy justice, particularly for women.
  • The projects are being implemented across 15 municipalities in Santander.
  • The Minister of Mines and Energy, Edwin Palma, highlighted the positive impact on women, freeing up their time from unpaid care work and improving their well-being.