Page 9 - LatAmOil Week 43 2022
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LatAmOil                                       COLOMBIA                                            LatAmOil
































                           Velez (L) and Petro (R), shown at the Naturgas conference earlier this month (Photo: Twitter/@luzstellamurgas)

                         The government wants to see the remaining   reserves and significantly increase the country’s
                         90 contracts brought back into play so that the   horizon of self-sufficiency.”
                         resources they contain can be utilised appropri-  The statement did not say whether the gov-
                         ately, it said.                      ernment was more interested in reactivating
                           “We want to reactivate the remainder to have   any specific contract areas than others. It did
                         those resources and take advantage of them cor-  assert, though, that Petro’s administration did
                         rectly,” Energy Minister Irene Velez said. “We   not expect the pending transition to renewable
                         have important gas resources in the Colombian   energy to put Colombia’s energy sovereignty at
                         Caribbean [that] potentially could become   risk. ™



                                                      SURINAME
       Suriname takes a step forward with port



       project that will support gas-to-power plan






                         PHOENIX Development Co. (PDC), a Hou-
                         ston-based group set up by investors from mul-
                         tiple countries, and Havenbeheer Suriname
                         (HBS), the port authority of Paramaribo, are
                         moving forward with plans to build an onshore
                         deepwater port facility that will support a gas-to-
                         power (GTP) project.
                           Stephen Joslyn, the director of PDC, said at
                         the weekend that the partners intended to estab-
                         lish the port together with a special economic
                         zone (SEZ) on a 3,707-acre (15-square km)
                         site in Niew Nickerie. The cost of the project is
                         expected to reach $5.4bn, he was quoted as say-
                         ing by OilNOW.gy.
                           The deepwater port will include facilities that   The deepwater port will include onshore oil and gas facilities (Image: HBS)
                         can handle oil discovered offshore Suriname
                         and support offshore development projects in   Joslyn said.
                         the Guyana-Suriname basin. This will encom-  He also noted that the port would have a mul-
                         pass an oil jetty with berths spanning a length   ti-purpose terminal capable of handling imports
                         of 140 metres and a 0.66-square km shore base,   and exports and serving the tourism sector.



       Week 43   26•October•2022                www. NEWSBASE .com                                              P9
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