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

Kazakhstan Considers New Oil Refinery by 2030 to Process 10 Million Tons
01.22.2025 - NEWS
January 22, 2025 [Astana Times]- The Kazakh Energy Ministry stressed the need to build a new oil ... Read More
Norwegian Hydrogen Acquires Green Hydrogen Project from Aker Horizon and Inks Deal with Nel
01.22.2025 - NEWS
January 22, 2025 [H2 View]- Norwegian Hydrogen has acquired Aker Horizon’s hydrogen project in ... Read More
Topsoe to Provide Tech for Chinese SAF Project
01.22.2025 - NEWS
January 22, 2025 [Biofuels International]- Topsoe has signed an agreement with Chuangui New Energ... Read More
Argentina's YPF Signs Deal with Indian Firms to Export LNG
01.22.2025 - NEWS
January 22, 2025 [Reuters]- Argentina’s state-run oil company YPF signed a memorandum of u... Read More