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.
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.
GasSantiago Urdinola must wish he had never got out of bed the day he told a public audience that the country could face rationing as early as 2019. Since then fire and brimstone have rained down from the office of the natural gas industry association Naturgas.
This the longer version of the ANDIs study on gas supply. From an ANDI press release, translated and with commentary by Hydrocarbons Colombia.
Santiago Angel Urdinola, VP of Mining, Oil and Energy, of national business persons association ANDI gave a speech where he suggested that the country might experience shortages and rationing by 2019. This got Naturgas – the association that represents natural gas distributors, transporters and producers – upset and they issued this press release. Translated and with commentary by Hydrocarbons Colombia.
At the natural gas industry’s annual conference a few weeks ago, ex-ANH head and now Vice-minister of Energy, Orlando Cabrales, talked about the Coal Bed Methane (CBM) opportunity. The only National Hydrocarbons Agency (ANH) auction planned this year is for CBM and the next big oil and gas auction is not expected until 2014. Based on the data which we show in the above chart, Cabrales expects 23TCF of CBM to be available from the six top areas.
Naturgas, the association of producers, transporters and distributors held its annual meeting in Cartagena last week. Colombian President, Juan Manuel Santos, attended a ribbon cutting ceremony to launch gas services in a historic small town near the city and then addressed the association’s membership, giving a pep talk for domestic gas. From a Naturgas press release, translated and with commentary by Hydrocarbons Colombia.
Last week was the natural gas industry association’s annual conference and he minister’s speech is a much anticipated event. MinMinas Renjifo did not disappoint the crowd with the breadth of his speech but we understand the content has the industry concerned over certain points. From a MinMinas press release, translated and with commentary by Hydrocarbons Colombia.
Portafolio reported that during the XVI Naturgas Congress, the superintendent of Domestic Public Services, César González Muñoz, said the management of the Gas Development Fee Fund budget has been inefficient, because the US$30.5M (77% of total approved projects) invested between 2007 and 2012 benefited only 54,601 of the 78,823 users the government expected to benefit.