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Bridging the deficit in gas supply

Bridging the deficit in gas supply

GasIndustrial users on the Caribbean are already feeling a pinch in their gas supply and costs due to El Niño, and this depicts a larger problem of how to boost Colombia’s short term gas supply.

Wednesday, October 28th, 2015
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El Niño causes gas shortfalls, price spikes

The El Niño weather phenomenon has led to a sharp increase in demand for natural gas, and industries on the Caribbean coast are calling for government intervention due to the deficit and soaring prices.

Tuesday, October 27th, 2015
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El Niño increasing demand for natural gas

GasThe El Niño weather phenomenon has intensified from moderate to strong according to the state weather institute IDEAM, and rain shortages in September will mean a strong increase in demand for natural gas, squeezing electrical energy generators.

Wednesday, October 21st, 2015
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Over 500,000 natural gas-powered vehicles now on Colombian roads

Globally there are 20M natural gas vehicles (NGVs) with over 500,000 of these in Colombia, according to Pablo Roda, a spokesperson with the Natural Gas Association (Naturgas) who spoke at the Colfecar transportation congress.

Thursday, October 15th, 2015
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Naturgas expects gas production to grow in 1Q16

Naturgas expects gas production to grow in 1Q16

GasThe Natural Gas Association (Naturgas) president Eduardo Pizano says that the organization expects new gas production to come online in the first quarter of 2016, with an additional 130mmcfd due to developments from a handful of companies.

Wednesday, October 14th, 2015
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Government sets price ceiling on long term gas contracts

Government sets price ceiling on long term gas contracts

The Ministry of Mines and Energy (MinMinas) and the Energy & Gas Regulation Commission (CREG) said they will regulate long term contracts signed in 2013 and 2014 so that they cannot rise faster than inflation.

Tuesday, October 6th, 2015
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Two coastal senators return to natural gas price standoff

Two senators have taken up the cause advanced by former Senate president, Senator Jose Name, which led to the Ministry of Mines and Energy (MinMinas) and the Energy & Gas Regulation Commission (CREG) to freeze natural gas prices, citing the interests of the final consumer along the Caribbean coast.

Wednesday, September 30th, 2015
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Government says gas pipelines need stimulus

The Ministry of Mines and Energy is preparing a decree which it says is necessary to stimulate the construction of gas pipelines through direct state intervention and tenders. But private industry says the problem is in the regulations.

Thursday, September 24th, 2015
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Study says thermoelectric sector short on gas supply

A study from an energy consultancy found that the Colombian thermoelectric sector only has 34% of the natural gas it needs to purchase to produce the country’s energy during the El Niño weather phenomenon.

Tuesday, September 22nd, 2015
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NGV strategy going forward

NGV strategy going forward

The growing demand for Natural Gas Vehicles (NGV) could quicken if new vehicles for the transport industry become available, but the process to receive tax benefits for the “cleaner” vehicles and questions on supply hold the market back.

Tuesday, September 15th, 2015
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