Colombia publishes complementary rules for 2nd LNG terminal

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Friday, November 10, 2017

Colombian natural gas regulator Creg has published a resolution outlining complementary procedures for the country's second LNG regasification terminal.

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The text outlines rules related to LNG buyers, infrastructure service providers and selection processes for terminal and pipeline works, among other items.

More information, in Spanish, can be seen here

According to the latest information from mining and energy planning unit UPME, the contract for the terminal's concept studies was signed with Consorcio Sener Pacífico which picked up the work last month.

Earmarked for the Pacific port city of Buenaventura, the LNG terminal is expected to boast capacity of 400Mf3/d and has been budgeted at US$400mn.

The country's first LNG import, storage and regasfication terminal at the Atlantic port of Cartagena went into service last December.