Commodity market report

Colombia LNG long-term outlook 2017

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Report summary

Colombia's first LNG regas terminal SPEC LNG started operations in November 2016 in Cartagena on the Atlantic coast. This project was envisioned to counter declining indigenous gas production and concerns over weather driven power supply volatility as well as provide a lower emission alternative to coal power plants and security of supply. To date many other regasification projects have been proposed including on the Pacific coast.

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    Colombia LNG long-term outlook 2017

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