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Supply crunch looms in Colombia and Venezuela

By Abhishek Kumar
Posted 19 March 2015 10:29 GMT
Colombia-Venezuela pipeline. High domestic gas demand in Colombia and Venezuela will make the two countries reliant on imported gas and LNG in coming years. (PA) Colombia-Venezuela pipeline. High domestic gas demand in Colombia and Venezuela will make the two countries reliant on imported gas and LNG in coming years. (PA)

High domestic gas demand in Colombia and Venezuela, where there is limited flexibility to increase production, will make the two countries reliant on imported gas and LNG in coming years.