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.