The adviser of the municipality of Ayo Ayo - Javier Aguirre, said to Fides Agency that -
Franklin Oil -
comes accompanied from Promigas - Yanogas - and Park Soft - all of Colombia - that will jointly participate - in the society with YPFB - and the Mayorship -
Ex. gratia - For 20 years, Gas Natural Colombiano S.A. developed natural gas fields in the Department of Bolívar, on Colombia's north coast. This was a technically and financially successful operation. As these fields were depleted, the search for new sources led to the discovery of natural gas in the Department of La Guajira. A new company known as - Promotora de la Interconexión de los Gasoductos de la Costa Atlántica- PROMIGAS LTDA. was established in 1974 to tap these deposits. It was converted to a stock company in 1976. Later, in 1990, it became known simply as - Promigas S.A.
Promigas has its main office in Barranquilla (Department of Atlántico) and branch offices in Bogotá, Sincelejo and Cartagena.
The company's primary activity is natural gas transmission.
It is firmly involved in the distribution market for this fuel and invests in the gas sector and other activities.
With 35 years of experience - Promigas - is the oldest private natural gas transmission - and distribution company in Latin America - besides being one of the country's most - important corporations.
It has helped to develop the market for natural gas in Colombia by promoting extensive use of this fuel on the north coast and throughout the country -
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