30
Mar
2021

LNG import projects in Central and north-west South America forge ahead

Only Subscribers can read the full Article

The Covid-19 pandemic may have caused disruption to world energy and the global economy, but a handful of new LNG import projects in Central and north-west South America have been forging ahead, and though at different stages of development, are set to benefit their home countries once they begin operations.

In the case of El Salvador and Nicaragua, LNG imports will introduce gas to the two Central American countries for the first time, enabling them to shift away from relying on oil for thermal power, while supporting their commitment to renewables. For Ecuador, LNG will diversify its gas supply, while helping it comply with its international agreements for the reduction of CO2 emissions. In Colombia, the government believes that a second LNG terminal – this time on the Pacific coast – is necessary in order to avoid a feared gas shortfall in South America’s second most populous country.

While Pacific locations make cost-effective supply more of a challenge, access to LNG could eventually enable the development of small-scale activities such as bunkering and trucking out of these terminals – a type of service already offered by Panama at its Caribbean-facing Colon facility.

Subscription Benefits

Our three titles – LNG Business Review, Gas Matters and Gas Matters Today – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.

LNG Business Review

LNG Business Review seeks to discover new truths about today’s LNG industry. It strives to widen market players’ scope of reference by actively engaging with events, offering new perspectives while challenging existing ones, and never shying away from being a platform for debate.

Gas Matters

Gas Matters digs deep into the stories of today, keeping the challenges of tomorrow in its sights. Weekly features and interviews, informed by unrivalled in-house expertise, offer a fresh perspective on events as well as thoughtful, intelligent analysis that dares to challenge the status quo.

Gas Matters Today

Gas Matters Today cuts through the bluster of online news and views to offer trustworthy, informed perspectives on major events shaping the gas and LNG industries. This daily news service provides unparalleled insight by drawing on the collective knowledge of in-house reporters, specialist contributors and extensive archive to go beyond the headlines, making it essential reading for gas industry professionals.

Did you know that your Internet Explorer Browser is out of date?

Your MS Internet Explorer browser is out of date, and will not be fully compatible with our website. For best browsing experience we recommend that you upgrade your IE browser to a more recent version or use an alternative, more recent browser.