Colombia FLNG Terminal

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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	10.963889, -74.796389 (approximate)

The map below shows the approximate location of the terminal:

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Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year

Name	Facility type	Status	Capacity	Total terminal capacity	Offshore	Associated infrastructure
Colombia FLNG Terminal	export	cancelled (inferred 4 y)	0.5 mtpa	0.5 mtpa	True	–

Table 3: Cost

Name	Facility type	Cost	Total known terminal costs
Colombia FLNG Terminal	export	–	–

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward

Name	Facility type	Status	Proposal year	FID year	Construction year	Operating year	Inactive year
Colombia FLNG Terminal	export	cancelled (inferred 4 y)	–	–	–	–	2017 (cancelled)

Ownership

Table 5: Ownership

Name	Facility type	Status	Owners	Parent companies	Operator
Colombia FLNG Terminal	export	cancelled (inferred 4 y)	Exmar NV [100%]	Exmar NV [100.0%]	–

Background

Colombia LNG Terminal is a proposed LNG terminal in Baranquilla, Colombia.

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

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%.

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.