Colombia banks on Caribbean bounty

Colombia, which is keeping the lights on with LNG imports, has made a vast find of offshore gas. But it could be several years before it can tap into the discovery Colombia, which is keeping the lights on with LNG imports, has made a vast find of offshore gas. But it could be several years before it can tap into the discovery.
By Chris Noon 9 May 2017 0 25816
The Höegh Grace FSRU, chartered by Colombia. The country may still build a second LNG import facility despite the recent offshore discoveries. (Höegh)

Bogotá hopes the recent Gorgon discovery off the Colombian coast could eventually help offset the country’s worsening supply shortage. But it could be as late as 2026 before gas is produced from the find, state-run Ecopetrol has told Interfax Natural Gas Daily.

Ecopetrol announced the gas discovery at the Gorgon 1 exploration well, which it shares with Anadarko Petroleum in deepwater acreage in the Caribbean Sea, earlier this month. An Ecopetrol spokesman said first gas could be produced in “seven to nine years”. 

Colombian President Juan Manuel...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up