IAHL Corporation (IAHL)

[Gators12]

Colombia has significantly ramped up imports of liquefied natural gas to conserve its hydroelectric operations as El Niño threatens to bring dryness to the South American nation, according to the power generators’ association.

The country has already imported 309,000 metric tons of LNG as of Monday amid emerging prospects of an El Niño, according to data compiled by Bloomberg. That is almost 60% more than all of last year and more than triple 2021’s annual total, the data show.