The UPME recently released its forecasts of natural gas supply and demand. It concludes a second regasification plant is required and it has to be in Buenaventura. Surprise! Wow! Amazing! Did not see that coming! Thank goodness Colombian taxpayers can count on an impartial agency like the UPME to objectively study these important issues.
We are planning a major article on the UPME’s latest forecasts for gas next Monday. This chart was interesting but not entirely on topic so we thought we would publish it separately.
Industry representatives spoke about Colombia’s self-sufficiency and upcoming investments in the natural gas sector.
Colombia continues to discuss the benefits of developing unconventional resources. Naturgas’ Orlando Cabrales spoke on the matter in an interview with La Republica.
Gas is a ‘hot topic’ presently with concerns about self-sufficiency and the right strategies to address them. In a very timely contribution, Tomás de la Calle returns with a multi-part article on the Colombian gas market.
The Ministry of Mines and Energy (MinEnergia) reported natural gas production figures for December 2019.
Concerns about a possible gas shortage continue. Senator Jose David Name (U Party) spoke on the matter.
Vanti announced investments for the construction of three natural gas stations in Bogota.
The Orca-1 well will start its commercial phase in 2024, right when the Ministry of Mines and Energy (MinEnergia) forecasted a natural gas shortage in Colombia.
Low oil & gas reserves continue to raise concerns about a possible lack of self-sufficiency. This is why
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