IAHL Corporation (IAHL)

[Gators12]

Colombia's Andes Energy is in talks with potential partners to move forward with an LNG import terminal and an associated thermoelectric power plant, the company's chairman told BNamericas.

The Cali-based developer has completed the project's initial design stage and hopes to secure another stakeholder in the coming months, Manuel Tenorio, who is also Andes Energy's co-founder, said in a telephone interview on Friday.

"We are having conversations with two potential strategic partners," Tenorio said, adding that he could not reveal the names of the parties due to confidentiality agreements.