IAHL Corporation (IAHL)

[Gators12]

Last year, Colombia's tender to add a second LNG import terminal received only one bid, and the lack of investor interest is further complicating the country's efforts to ensure enough gas supply amid uncertain rain patterns with the El Nino weather phenomenon, Natural Gas Intelligence noted.

Colombia will need investments of at least $2 billion in natural gas infrastructure over the next decade to meet its rising gas demand, according to a recent government report.