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Gas

Naturgas opposes public auction for wholesale gas, says will increase prices

The Natural Gas Association (Naturgas) says that proposed changes that would institute a system of public auctions to set wholesale prices as proposed by Colombia’s Energy Regulatory Commission and Gas – CREG would lead to price increases and opposes the system.

Thursday, July 11th, 2013
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Propane distributors to form industry association

GasWith an eye on formalizing a disperse sector that has consolidated over the last three years, 12 propane distributors representing 70% of the market have agreed to form a new industry association to represent their interests.

Wednesday, July 10th, 2013
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Gov draws line in Drummond and Cerrejón gas and coal deadlock

In the absence of an agreement between mining firms Drummond and Cerrejón over methane gas and coal reserves in La Guajira, the government has said it will step in and impose a decision to break the ongoing deadlock over how to extract the resources which share the same block.

Thursday, June 20th, 2013
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Authorities open the door to gas exports after 2016

Authorities open the door to gas exports after 2016

Following a national debate as to whether Colombia has sufficient gas resources for the long term future, the Energy and Gas Regulation Commission (CREG) has issued resolutions clearing the path for natural gas imports starting in 2016.

Tuesday, June 18th, 2013
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Madigas investing US$4.77M in expansions in 2013

Natural gas producer and distributor Madigas says it will invest COL9B (US$4.77M) throughout Colombia this year with around COL4.5B of it focused in the Caldas Department.

Monday, June 17th, 2013
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Promigas offered up to US$100M in support for micro lending program Brilla

Natural gas producer Promigás has been offered up to US$100M in financing from the Interamerican Development Bank to improve its “Brilla” lending program due to its success in helping the bottom of the pyramid.

Monday, June 10th, 2013
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Naturgas pushes for greater flexibility, investment to make gas more competitive

Naturgas pushes for greater flexibility, investment to make gas more competitive

Colombia’s association of natural gas producers Naturgas has formulated three proposals that it says will make gas more competitive for industrial use. It has presented its proposal to regulatory authorities for their review.

Tuesday, June 4th, 2013
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Promigás, NEOgás mulling gas investments

GasTwo firms, Promigás and NEOgás, are planning investments to expand existing operations or initiate new activities related to natural gas production and distribution.

Monday, May 20th, 2013
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Does this man look worried?

Does this man look worried?

Photo: MinMinas
MinMinas Federico Renjifo has a big smile as he helps an unidentified citizen of Valle de Cauca cook on her new gas stove. Maybe it is a sign that he believes more in the concept that there are over 16 years-worth of gas reserves than the concept that the country will run be in shortages by 2019. From a MinMinas press release, translated and with commentary by Hydrocarbons Colombia.

Tuesday, May 7th, 2013
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ANDI counters Naturgas statements about supply shortages

ANDI counters Naturgas statements about supply shortages

Our publication of Naturgas press releases and their criticism of statements by Santiago Urdinola, VP of Mining, Hydrocarbons and Energy at business persons’ association ANDI has sparked a reply from the ANDI. It seems the statement about potential gas shortages in 2019 were in fact based on well-informed study, in particular scenarios developed by the UPME, a MinMinas research institute on energy issues. We publish in full their letter to us and finish with our commentary.

Friday, May 3rd, 2013
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