Royal Vopak Acquires Stake in LNG Import Facility in Colombia
09.16.2019 By Greta Talmaci - NEWS

September 16, 2019 [Vopak] – Royal Vopak announces the acquisition of a 49% shareholding in Sociedad Portuaria el Cayao (“SPEC”) in Cartagena, Colombia. SPEC is the only LNG import facility in Colombia and has been in operation since 2016.

The LNG import facility consists of an LNG jetty, onshore infrastructure and a 9.2 km gas pipeline which connects SPEC to the national gas grid. A chartered FSRU is receiving the LNG and sending the gas on shore. SPEC holds long term contracts with three local gas-fired power plants.

The shareholders in SPEC are Promigas (51%) and Royal Vopak (49%).

Eelco Hoekstra, Chairman of the Executive Board and CEO of Royal Vopak, said “We are very much looking forward to this partnership with Promigas and to enter into the growing Colombian LNG market. This is another growth step in our LNG portfolio and it fits very well in our ambitions to grow and diversify our service offering in LNG.”

Promigas is a private company in the natural gas sector in Latin America with 45​​ years of experience providing mass access to natural gas. For more information, please visit promigas.com.

————-

Click Here to Access Today a 4,900 Tank Terminal Database With a Pro Trial
Click on the button and register to get instant access to actionable tank storage industry data

Sempra to Sell Mexico Energy Assets, Stake in Infrastructure Unit
04.01.2025 - NEWS
April 01, 2025 [Reuters]- Utility firm Sempra will sell some energy infrastructure assets in Mexi... Read More
Exclusive: Brookfield Nears $9 Billion-Plus Deal for Colonial Pipeline, Sources Say
04.01.2025 - NEWS
April 01, 2025 [Reuters]- Brookfield Asset Management is putting the final touches on a deal to a... Read More
U.S. Oil Output Drops to Lowest Level in 15 Months
04.01.2025 - NEWS
April 01, 2025 [Oil Price]- January U.S. crude oil production was down 305,000 barrels per day, ... Read More
Japan's Tokyo Gas Expands in US Shale Gas with Chevron Deal
04.01.2025 - NEWS
April 01, 2025 [Reuters]- TG Natural Resources LLC (TGNR), co-owned by Tokyo Gas and Castleton Co... Read More