Colombia's Largest Pipeline Operator to Initiate Global LNG Tender for New Import Terminal
Colombia's largest pipeline operator is set to launch a global tender for long-term liquefied natural gas (LNG) supplies to support a new import terminal currently under construction. With domestic natural gas reserves declining, the country is increasingly reliant on LNG imports, which are significantly more expensive than local sources. This initiative aims to address the urgent need for additional infrastructure, as Colombia currently depends on its sole LNG terminal in Cartagena.
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Colombia's largest pipeline operator is set to launch a global tender to secure long-term liquefied natural gas (LNG) supplies for a new import terminal under construction. The country faces dwindling domestic natural gas reserves, forcing reliance on LNG imports, which can be two to three times more expensive than domestic supply. Currently, Colombia depends on its only LNG terminal in Cartagena, highlighting the urgent need for additional infrastructure to address the growing supply shortfall.
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