Natural Gas Daily Latin America & Caribbean LNG

A tale of two facilities in Colombia

By The Wildcat 28 September 2016
The Höegh Gallant FSRU. The company has supplied a similar vessel to Colombia. (Höegh) The Höegh Gallant FSRU. The company has supplied a similar vessel to Colombia. (Höegh)

It is an oversimplification to split the LNG market into neat winners and losers as a result of the oil price rout. However, the bear market has had obvious Darwinian consequences in Colombia.

The country’s first LNG terminal is scheduled to start up in Cartagena in late 2016, but an FLNG project proposed to be sited nearby appears dead and buried.

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