News
Colombia’s efforts to bolster natural gas supply have received a boost with a pledge to advance development of a project to transport the fuel.
In a regulatory filing, gas transport and distribution company Promigas reported that its board ratified its willingness to carry out the Barranquilla-Ballena pipeline project, as announced by energy and gas regulator CREG.
The proposed work is part of the government’s IPAT gas transport expansion program and aims to guarantee bidirectional transport capacity from Barranquilla on the Atlantic to Ballena in La Guajira.
Promigas has a 51% stake in SPEC LNG, which operates a regasification terminal in Cartagena.
The project will allow the transport of 170Mf3/d within 36 months under a 20-year regulated income scheme.
Promigas said it has 60 days to submit a timetable and development details, among other information.
Also read Colombia launches bidding to supervise natural gas infra expansion
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