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Colombia’s largest pipeline operator is seeking Ecopetrol SA’s cooperation on a proposed natural gas-import project intended to prevent shortages of the fuel.
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Transportadora de Gas Internacional is proposing a new liquefied gas terminal in the form of a floating storage and regasification unit, or FSRU, off the coast of northern La Guajira province. The vessel would need access to two Ecopetrol subsea pipelines to haul gas from the FRSU to shore, where it would flow into TGI’s land-based network, Chief Executive Office Jorge Henao said in an interview in Bogotá on Tuesday.
Henao’s comments come after Ecopetrol CEO Ricardo Roa announced last week that the state-owned energy company is finalizing plans for an LNG terminal on Colombia’s Atlantic coast. Henao said there’s ample gas demand to support both facilities.
Amid dwindling domestic reserves, Colombia is relying on deliveries of foreign gas to the nation’s sole LNG terminal in Cartagena, known as SPEC. Going forward, however, additional infrastructure will be needed to cover domestic supply gaps that are forecast to widen to 20% of overall demand as soon as next year.
“We need to ensure Colombia will have the gas it needs,” Henao said.
TGI, a unit of Grupo Energía Bogotá, envisions a start to LNG deliveries to its proposed FRSU in early 2027 if a deal is reached soon.
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