IAHL Corporation through its subsidiary Altenesol Colombia, S.A.S said that the next round of funding, for the LNG project in Colombia, has been secured. This initial tranche will be utilized for the following objectives: Completion of the Front End Engineering Design Study (Feed Study) which encompasses engineering scope, design and technology selection and comprehensive financial [...]
Pacific Rubiales Energy Corp. announced the discovery of natural gas and condensate in the Manamo- 1X exploration well drilled in the Guama Block in the Lower Magdalena basin, onshore northern Colombia. The Company has 100% working interest in the block and is the operator. Ronald Pantin, Chief Executive Officer of the Company, commented: “This is [...]
IAHL Corporation said that further negotiations of a previously announced letter of intent on October 10, 2012, between its wholly-owned subsidiary, Altenesol Colombia S.A.S., and Geoproduction Oil and Gas Company of Colombia, a wholly-owned subsidiary of Canacol Energy LTD, has resulted in a signed 15 year natural gas supply contract for the Nataly 1 LNG [...]
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Black & Veatch said it will provide technology and services for the world’s first Floating LNG Liquefaction, Regasification and Storage Unit called EXMAR EXPORT™. It will be a non-propelled barge moored to a jetty, supplied with gas by pipeline from the onshore La Creciente field, located in the Lower Magdalena Valley Basin in Colombia. Black [...]
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Pacific Rubiales Energy (PRE) acting through its wholly owned subsidiary Pacific Stratus Energy Colombia Corp. (PSE), announced today the signing of a natural gas/ LNG Liquefaction, Regasification, Storage and Loading Services Agreement with Belgium based EXMAR NV. The Agreement calls for EXMAR to build, operate and maintain a Floating Liquefaction Regasification & Storage Unit (FLRSU) [...]
Pacific Rubiales Energy said today that it has discovered natural gas and condensate in the Cotorra-1X exploration well, drilled on the Guama Block in the Lower Magdalena basin. The Company has 100% working interest in the block and is the operator. Ronald Pantin, Chief Executive Officer of the Company commented: “this is an important exploration [...]
![Colombia Needs LNG Imports]()
LNG import facilities in Colombia need to be developed within the next four years, according to the president of Colombian power investment… (bnamericas) Source: bnamericas, December 5, 2011;
![Pacific Rubiales Plans LNG Port in Colombia]()
Pacific Rubiales said on Wednesday it would develop a liquefied natural gas export project on Colombia’s Caribbean coast with an initial… (reuters) Source: reuters, October 6, 2011
![Colombia: LNG Export Program Risky but Feasible]()
A proposed LNG export program in Colombia involving Canadian oil firm Pacific Rubiales stands a chance of succeeding despite being relative… By James Fowler (Business News Americas) Source: BNAmericas, July 12, 2011;
![EXMAR, Pacific Rubiales Join Forces for Small-Scale LNG Project in Colombia]()
EXMAR has teamed up with Pacific Rubiales to build a small-scale LNG export project in northern Colombia. The Colombian-Canadian exploration and production player and EXMAR have begun front-end engineering and design for the scheme. Plans involve building a small liquefaction barge and a pipeline from the company’s La Creciente gas field to the Caribbean [...]
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