Page 8 - LatAmOil Week 48 2021

LatAmOil COLOMBIA LatAmOil

Promigas aims to expand capacity

of Cartagena LNG import terminal

PROMIGAS, a Colombian natural gas trans- general manager, Promigas will be expanding
portation company, is looking to expand the the terminal in line with current and future
capacity of the country’s only LNG import facil- plans for the expansion of its own pipeline net-
ity, a terminal in Cartagena. work, as well as gas demand projections. The
This terminal receives regasified LNG via project represents “an efficient solution, with
a 9.2-km pipeline link to the Hoegh Grace, a low risk and development costs” for the Colom-
floating storage and regasification unit (FSRU) bian gas sector, he added.
anchored near the port. It then delivers gas to Castro also talked up the advantages of the
local thermal power plants (TPPs). Cartagena terminal, noting that the facility
Currently, the terminal is capable of handling could easily access multiple sources of LNG
around 400mn cubic feet (11.3mn cubic metres) supplies. He named the US and Trinidad and
of gas per day. But Promigas, which has a major- Tobago as some of the closest suppliers. ™
ity stake in the terminal, said in a statement last
week that it wanted to increase throughput
capacity by 12.5% next year to 450 mmcf (12.74
mcm) per day. It also reported that it was consid-
ering the possibility of hiking capacity again to
600 mmcf (17 mcm) per day by 2025.
In its statement, the company explained that
it had decided to expand the terminal’s capacity
because of rising demand for gas in Colombia.
It also said it had begun drawing up technical
studies with the aim of determining the feasi-
bility of boosting gas imports in multiple stages.
Promigas owns a 51% stake in the Cartagena
LNG import terminal, and the remaining 49%
is held by Vopak of the Netherlands. Sociedad
Portuaria El Cayao (SPEC LNG) is serving as the
terminal’s operator.
According to Jose Maria Castro, SPEC LNG’s The terminal receives gas via the Hoegh Grace FSRU (Photo: Hoegh LNG)

GUYANA
Head of Guyana’s EPA says Liza Destiny

can safely extract up to 144,000 bpd

KEMRAJ Parsram, the head of Guyana’s Envi- the decision by ExxonMobil (US), the operator
ronmental Protection Agency (EPA), has said of the Stabroek block, to have the FPSO han-
he is confident that the Liza Destiny, the float- dling 120,000 barrels per day (bpd) on average
ing production, storage and off-loading (FPSO) over the long term.
vessel that is being used to develop the Liza-1 The former EPA head pointed out that the
oilfield, is capable of raising output by 20% on environmental impact assessment (EIA) drawn
current levels. up for the Liza-1 project had envisioned the
Parsram was quoted by Kaieteur News as installation of an FPSO with a design capacity
saying last week that he disagreed with his of just 100,000 bpd. ExxonMobil’s plan raises
predecessor Vincent Adams about optimum the risk of an oil spill, since it calls for the vessel
long-term production targets. Adams told the to handle 120,000 bpd on a sustained basis, he
newspaper recently that he was concerned about argued.

P8 www. NEWSBASE .com Week 48 02•December•2021