HomeMagazine2019January 2019, Vol. 246, No. 1Colombia Invests in New Gas Pipeline Network

January 2019, Vol. 246, No. 1

Features

Colombia Invests in New Gas Pipeline Network

By Mauro Nogarin, Contributing Editor According to the Colombian government’s planning unit (UPME) in the period 2016-2031, the growth of the natural gas market is expected to reach 2%, largely due to increased industrial, thermoelectric and residential sectors.  By 2030, more than 600,000 new users will be in rural areas, according to UPME. Additionally, research carried out by Canacol Energy, showed the demand for natural gas in Colombia continues to increase with current consumption reaching 1,000 MMcf/d. Paradoxically, both reserves and current transport capacity are insufficient to satisfy this volume, especially in the northeastern part of t

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