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English Español Canacol starts LNG production and sale in Colombia

The joint venture aims to supply end-user solutions with the aim of replacing diesel, fuel oil, CNG, propane and other fuels with LNG.



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Author: PetrolPlaza Correspondent Pablo Plaza

Canacol Energy Ltd. announced that it has commenced the production and sale of liquified natural gas for the first time in Colombia. The company is also in negotiation with Galileo Technologies to form a joint venture which will install terminals at other locations in Colombia and supply end user solutions with the objective to replace diesel, fuel oil, compressed natural gas, propane and other fuels with LNG.

“With our joint venture partners Galileo providing the technology, our objective is to build other liquefaction terminals at other strategic sites in Colombia with the goal of replacing the use of diesel, fuel oil, compressed natural gas, propane, and other fuels with LNG at both lower cost to consumers and lower emission of pollutants,” said Charle Gamba, President and CEO of Canacol

During the course of 2019 Canacol installed four natural gas liquefaction modules purchased from Galileo at its main gas processing facility located at Jobo. The objective of the joint venture with Galileo is to install terminals in other parts of Colombia close to gas pipelines where Canacol can physically ship or swap its gas to be liquified, with the goal of replacing diesel, fuel oil, compressed natural gas, propane, and other fuels with lLNG.

Canacol is an exploration and production company with operations focused in Colombia.

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