Francisco Reynés was appointed as the Spanish firm’s new executive chairman and will replace Isidro Fainé, who will remain in the company as honorary president.
Last year marked a milestone for the industry because propane supply was not enough to fulfill the national market. This year, the industry expects to reverse that trend with Ecopetrol’s (NYSE: EC) help.
Charle Gamba, CEO of Canacol Energy (TSX: CNE) spoke about the company’s plans for this year in Colombia in an interview with El Tiempo.
The government will tender the regasification plant project on the Pacific coast, despite experts’ opinions against it. Authorities have already defined a period to carry out this ambitious project.
Through five different projects in the Caribbean coast and the center of the country, TGI and Promigas could improve Colombia’s gas transportation and supply.
Empresas Públicas de Medellín (EPM) said that it is currently in an exploratory stage to evaluate the business, and requested more information from the Superintendent of Industry and Commerce (SIC).
GasThe Energy and Gas Regulation Commission (CREG) is working on new methodologies on issues relevant to the gas sector. The new rules are generating discontent between the government and industry.
GasLast month, Gas Natural Fenosa sold its 59.1% stake in Gas Natural SA to Canada’s Brookfield, for EUR$482M.
José María Castro, Manager of Sociedad Portuaria El Cayao (Spec), spoke about the Liquefied Natural Gas (LNG) market, prices and the regasification plant of Cartagena.
GasPropane imports are a reality in the country and these recently started through Cartagena. Importing companies hope to supply the local market.