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Construction of Colombian LNG plant to start soon

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LNG Industry,


IAHL Corp. has announced that its subsidiary – Altenesol Colombia S.A.S. – has acquired permits in order to start site preparation and construction of the Nataly I LNG plant in Colombia. Deforestation and water exploration will now begin, allowing the first and second construction phases of Nataly I to start.

Nelson De La Nuez, the CEO of Altenesol/IAHL, said: “This has been the result of perseverance and hard work with the support from Bioparque Corp., Canacol Energy, the Altenesol team in Colombia and the local regional officials who see this project as a venue to create much needed jobs in the region as well as its industrial development. When pioneering a selected niche, the logistical challenges involved in creating this historical endeavour define Altenesol and its values as an Alternative Energy company. We have the visionary mindset of creating paths rather than following them. The results of our efforts will be beneficial for our investors, shareholders, the country of Colombia and the communities of the region. These permits will allow the equity and debt financial closing to move forward hence they are the key to conclude this process.”

In September 2015, the Altenesol, ACMS and Canancol technical supports teams met at the plant site in order to discuss the logistics of the operation, the 6 in. pipeline that stretches from Jobo to the actual plant, and to give all parties a walkthrough of proposed buildings and equipment locations. Jobo Station is close to the plant site, and so only a short pipeline will be required.

Negotiations for the second 180K GPD of LNG are currently underway, with several potential off-takers to bring two trains, which will a total output of 360K GPD level.

Edited from press release by David Rowlands

Read the article online at: https://www.lngindustry.com/liquefaction/19102015/construction-of-colombian-lng-plant-to-start-soon-1485/


 

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