Pacific Regasification Plant to be Financed by the National Development Financier and BTG Pactual
The Pacific regasification plant already has financial closure. Photo: iStock
TL;DR
- The Pacific Regasification Plant has secured US$130 million in debt financing from the National Development Financier (FDN) and BTG Pactual.
- The project aims to address Colombia's structural natural gas deficit, enhance energy security, and guarantee supply for essential demand.
- It will enable the receipt, storage, transportation, and regasification of liquefied natural gas (LNG) via the port of Buenaventura.
- The project is particularly relevant for southwestern Colombia, where demand exceeds 80 million cubic feet daily.
- This infrastructure will also serve the interior market with competitive prices and stimulate economic development in the Pacific region.