Colombia launches $700 mn Pacific LNG tender

Colombia’s mines and energy ministry has begun a $700 mn competitive bidding process for the country’s second LNG regasification terminal and an associated pipeline as it steps up efforts to guarantee future gas supply. Slated for the port of Buenaventura in Valle del Cauca department, the new infrastructure will regasify up to 400Mf3/d and store 170,000m3 of natural gas. The pipeline will connect the import terminal to Yumbo, on the northern outskirts of Cali. Officials previously forecast an operational startup in early 2024, when the government also expects Colombian gas demand to exceed supply from existing sources.

Source: Bnamericas