SPEC LNG, a three way partnership between Promigas and Vopak, is inviting market contributors to formulate a non-binding expression of curiosity (EOI) for the providers the LNG import terminal of Colombia, positioned in Cartagena, might provide by way of a possible growth of its capability.
SPEC LNG has been in operations since December 2016 and will broaden its capability to deal with a possible scarcity of pure gasoline provide in Colombia by 2027 – 2028. Growth plans consists of accelerating its regasification capability from 400 million ft3/d to 450 million ft3/d by the tip of 2023 and as much as a complete of 530 million ft3/d as of the 2H26. This market take a look at goals to evaluate the market contributors’ demand for the potential further capability and advance to a remaining funding resolution involving the foreseen growth plans.
Growth tasks of SPEC LNG would strengthen and make sure the medium and long-term provide of pure gasoline in Colombia, key for assuring a path to the power transition.
“Contemplating the most recent pure gasoline provide and demand projections in Colombia, the growth of the capability of our LNG import terminal is an environment friendly and aggressive possibility to make sure the provision of pure gasoline to the market within the medium- and long-term. In consequence, this market take a look at will assist us advance within the subsequent levels of the undertaking earlier than a remaining funding resolution is taken,” said Jose M Castro, Managing Director of SPEC LNG.
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/31012023/spec-lng-launches-a-non-binding-eoi-to-gauge-market-interest-for-potential-capacity-expansion/