Gas distributor Gases de Occidente says that it is rolling out an expansion plan that includes small loans to its end customers and a potential natural gas pipeline to Buenaventura.
The president of the Colombian Senate Jose Name says that natural gas shipments to Venezuela should be cut off and the gas should instead be used to supply the Caribbean coast at a lower cost.
Colombia’s Senate is back in session for 2015 and its first priority involving the hydrocarbons industry is natural gas prices.
The Ministry of Mines and Energy (MinMinas) says that the market manager chosen to track and report on the transactions and operations of natural gas to improve negotiations between the supply chain is up and running.
GasThe number of Natural Gas Vehicles (NGV) in Colombia continues to grow, and now accounts for 2.5% of the global total of just under 20 million vehicles that run on natural gas.
Outcry over plans to increase the price natural gas as it is fixed by the market has led to an agreement between the government and industry to postpone planned rate increases this month.
The attention always goes to crude oil production which gets the headlines. But there are worrisome trends in gas production as well.
Regional governors, industry associations and congressional leaders have sounded the alarms on rate increases on natural gas that are planned for the Caribbean coast for 2015. Critics say the rise will amount to a 25% increase and effect both thermal generators and home consumers.
Terpel’s Gazel chain says that it expects that within 5-10 years there will be up to 30,000 buses and trucks running on natural gas instead of diesel.
GasA recent congress for energy wholesalers in Cartagena served to take yet another look at the burning questions facing the natural gas industry of whether or not there is sufficient supply of the resource in the midterm.
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