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A new LNG regasifcation terminal on Colombia's Atlantic coast will ease uncertainty created by El Niño weather patterns by ensuring thermoelectric fuel supply, according to Spanish developer Sacyr.
In a statement, the Madrid-based firm said it was awarded a contract to build the US$106mn facility by the Sociedad Portuaria El Cayao consortium.
Located in the port city of Cartagena de Indias, the terminal will have an LNG handling capacity of 400Mf3/d (11.3Mm3/d).
Sacyr will also build a 10km gas pipeline connecting the terminal to the country's national transport system.
The projects are expected to be completed by the second half of 2016.
"[They] will reinforce the solidity of the Colombian energy system and allow us to guarantee continuity of the three main generation centers on Colombia's northern coast," Sacyr said.