Colombia will have its first land-based regasification plant: cheaper imported gas will be brought in
Amazónica LNG will build the first regasification terminal in Colombia. The project has opened binding offers for the supply of natural gas...
TL;DR
- Amazónica LNG is constructing Colombia's first land-based regasification terminal.
- The project aims to supply imported natural gas at competitive prices, even lower than domestic gas.
- It seeks to provide price stability and predictability through long-term contracts with a high proportion of fixed tariffs.
- Commercial operation is scheduled for the second half of 2027, with an investment of US$150 million.
- The terminal will have scalable capacity up to 150 million cubic feet per day (MPCD) and will deliver gas mainly to the National Transportation System (SNT).
- The project is expected to generate around 400 direct and indirect jobs and benefit local suppliers.
- Environmental standards, including zero methane emissions, are a stated commitment.