Colombia Gives Priority to TGI’s LNG Project as Gas Dwindles

Transportadora de Gas Internacional’s planned liquefied natural gas import terminal in Colombia moved closer to execution after the government added it to a list of infrastructure priorities designed to address a growing shortfall in domestic gas supply.

The Andean nation’s push to buy more gas from other nations is triggering fierce competition to build LNG terminals. Among the contenders is the $150 million Ballena LNG project in northern La Guajira province proposed by TGI, a unit of Grupo Energía Bogota SA.