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Friday, 06/21/2024 10:48:29 PM

Friday, June 21, 2024 10:48:29 PM

Post# of 49486
Given Colombia’s advantageous location with access to markets in Asia, Europe, and Central America due to its exit to the Pacific and Atlantic Oceans and its proximity to the Panama Canal, this increase in gas reserves could mean a business opportunity with the possibility of establishing LNG facilities thereby enabling direct exports to numerous markets – a longstanding objective of present regional operators. This plan to establish Colombia as a natural gas-producing province must be based on a cohesive and integrated approach among the different regional actors in the industry. This concerted effort is crucial not only for meeting the needs of both local and international consumers but also for aligning with national and global energy transition objectives. The potential is monumental, promising transformative impacts on both a national and global scale.