Colombia FLNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Colombia FLNG Terminal, also known as Caribbean FLNG and Terminal de GNL Colombia, is a cancelled (inferred 4 y) LNG export terminal in Colombia.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Colombia FLNG Terminal | Barranquilla, Barranquilla, Colombia[1] | 10.963889, -74.796389 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Colombia FLNG Terminal | export[2] | cancelled (inferred 4 y) | 0.5 mtpa[1] | 0.5 mtpa | True | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Colombia FLNG Terminal | export[2] | – | – |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Colombia FLNG Terminal | export[2] | cancelled (inferred 4 y) | – | – | – | – | 2017 (cancelled)[3] |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Colombia FLNG Terminal | export[2] | cancelled (inferred 4 y) | Exmar NV [100%][2] | Exmar NV [100.0%] | – |
Background
Colombia LNG Terminal is a proposed LNG terminal in Baranquilla, Colombia.[4]
The Floating LNG terminal located on the Caribbean side of Colombia was to involve the construction of a pipeline between La Creciente gas field and the coastline along with the development of a liquefaction and regasification barge. The project was being developed by Pacific Rubiales Energy, the owner of the La Creciente gas field, in association with EXMAR, who would have constructed, owned, and operated the FLNG. Rubiales owned exclusive rights to supply and liquefy up to 453,592t of LNG a year for a period of 15 years[5]
As of 2015, the Belgian shipping firm, EXMAR, announced that Rubiales Energy, a subsidiary of the Canadian company Pacific Exploration & Production Corporation, was delaying the project indefinitely. Rubiales Energy stated that the massive glut of natural gas on the global market has made the construction of the LNG terminal unprofitable for the foreseeable future. Due to the downturn in gas demand, Rubiales Energy's stock in the Toronto Stock Exchange plunged 90%.[6]
There have been no development updates since 2015 and the project is presumed to be cancelled.
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 http://abarrelfull.wikidot.com/colombia-lng-export-terminal-project.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 2.4 http://www.offshore-technology.com/projects/caribbean-flng-project/.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.spglobal.com/platts/en/market-insights/latest-news/shipping/013015-pacific-rubiales-lng-project-in-colombia-delayed-partner.
{{cite web}}: Missing or empty|title=(help) - ↑ Colombia LNG Terminal , A Barrel Full, accessed April 2017
- ↑ Caribbean FLNG Project, Colombia, Offshore Technology, accessed September 2017
- ↑ Pacific Rubiales' LNG project in Colombia delayed: partner, S&P Global, January 30, 2015.
