News and AnalysIs for

GasThe Ministry of Mines and Energy (MinMins) cast away any shadow of doubt that the regasification plant contract that has faced scrutiny in the local press is anything short of a sure thing.

The Ministry of Mines and Energy (MinMinas) issued a statement in which it says that the regasification plant awarded to a consortium headed by Promigas continues forward, and that despite reports saying otherwise, neither it nor the Inspector General has the authority to halt such a project.

The Inspector General’s (IG) office and the Ministry of Mines and Energy (MinMinas) have halted the awarding of a contract to a consortium led by Promigas to build a regasification plant.

GasThe port services holding firm, EL Cayao, of which gas distributor Promigás has a 49.99% share, has won the contract to build a regasification plant for Caribbean thermal energy generation firm Grupo Térmico.

GasThe mayor of the Cúcuta municipality, Donamaris Ramírez-París Lobo has his eyes set on gas both to supply to local families for home use but also says there are gas reserves that could work to the community’s favor.

Venezuela’s Minister of Oil and Mining Rafael Ramírez says he is certain that Venezuela will stop buying natural gas from Colombia in August of this year and is nearly ready to start sending gas to Colombia as had been previously agreed.

A combination of factors has Colombia set to experience a boom in its proven gas reserves as the government also prioritizes production and consumption of the resource.

The Ministry of Mines and Energy (MinMinas) says it is looking to expand the access and reach of propane in energy generation and use it in areas that farther off the formal energy grid.

GasWe already published news of increased reserves for natural gas, which the Colombian Association of Natural Gas (Naturgas) says are now out to 15 years, but here are figures detailing the natural gas market in 2013 published by the association.

Naturgas, the Colombian association that represents the natural gas value chain from producers to distributors says the country has reserves for 14 to 15.7 years of demand.