Amazónica LNG launches gas supply offer with US$150 million

Amazónica LNG presented an offer to supply imported natural gas to the Colombian market, with emphasis on the Caribbean region. The project requires an estimated investment of US$150 million and will begin operations in the second quarter of 2027. The terminal will have a capacity of 150 million cubic feet per day.

The onshore regasification terminal Amazónica LNG launched an offer targeted at all agents in the Colombian market for the supply of imported natural gas, with special attention to the Caribbean region. This project, which involves an investment of approximately US$150 million, is partially financed by Mitsubishi UFJ Financial Group (Mufg) and aims to operate from the second quarter of 2027.

The offer introduces a competitive and transparent commercial scheme, including supply contracts, completion of detail engineering, and definition of capital investments. According to the company, the pricing model incorporates a fixed tariff to reduce exposure to short-term price volatility, providing greater predictability in costs, including national gas. This positions the project as an efficient alternative for growing residential, thermal, and vehicular demand.

The terminal, located at Puerto de Palermo, will employ advanced cryogenic technology with two regasification trains, a GNL tanker loader, and a dock for methaners, reaching a capacity of 150 million cubic feet per day. The gas will be delivered mainly to the National Transport System (SNT), operated by Promigas in Barranquilla, ensuring safe distribution.

Alberto Consuegra, CEO of Amazónica LNG, stated: "this new proposal constitutes a more robust and flexible solution to meet the growing energy demand of the country and particularly the Colombian Caribbean. It is a long-term investment that reinforces the energy reliability of the Caribbean region and the country".

The project has environmental and port licenses, an EPC contract with specialized companies, acquisition of a GNL molecule through an alliance with Vitol, and detail engineering completed by Wood. It will generate about 400 direct and indirect jobs during construction and operation, and strengthen over 100 local suppliers, consolidating Puerto de Palermo as a regional energy cluster.

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Aerial view of construction machinery building the San Matías pipeline in Vaca Muerta, awarded to Víctor Contreras-Sicim.
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Víctor Contreras-Sicim awarded construction of San Matías pipeline in Vaca Muerta

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Southern Energy consortium awarded Víctor Contreras-Sicim the construction of the San Matías pipeline linking Vaca Muerta to Río Negro's coast for LNG exports. Techint lost this key bid again, after being excluded from pipe supply earlier in 2026. The winning bid totaled USD 533 million for assembly and USD 96 million for a compressor plant.

Frontera Energy and Ecopetrol have confirmed that the regasification terminal at Puerto Bahía will start operations with 126 million cubic feet per day (Mpcd) of gas by the end of 2026. The project will use existing infrastructure and involves a US$80 million investment from Frontera. The companies urge speeding up environmental and infrastructure permits.

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Colombia's thermal power plants are gearing up to boost liquefied natural gas imports ahead of El Niño's expected arrival in August, which could deplete hydroelectric reservoirs. Alejandro Castañeda, director of Andeg, said the Spec terminal will run at full capacity to support the grid. The move aims to prevent blackouts during the dry season.

Alberto García of Drummond Energy warned that Colombia's energy demand could double by 2030 if economic growth stays between 4% and 5% of GDP.

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Colombia’s Mines and Energy Minister Edwin Palma defended his handling of the Air-e financial crisis—ongoing since early 2026 with $1.6 trillion in debts—and announced key steps: a targeted $8/kWh surcharge on high-income users, a Creg proposal for more energy contracting ahead of El Niño, and calls for structural reforms in the Caribbean region's electricity sector.

The government of Luiz Inácio Lula da Silva approved an energy plan on Thursday that foresees R$ 2.8 trillion in oil and gas investments by 2035.

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The Ministry of Mines and Energy issued resolution 40267 of 2026 to ensure gas supply during maintenance of the SPEC regasification plant in Cartagena, scheduled from July 30 to August 3.

 

 

 

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