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July 24, 2024
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Naturgas calls for action to address a natural gas deficit in the coming years

Naturgas calls for action to address a natural gas deficit in the coming years

After the Natural Gas Market Manager published the firm supply of natural gas available for sale which shows a deficit For the supply of the coming years, Naturgas requested actions that will allow the demand to be met.

(We suggest: Projections on detailed gas production in Colombia raise concerns)

The union noted that The information presented by the Manager reveals that the quantities available for sale by 2025 are 43.5 GBTUDwhile hiring needs for next year are around 120 GBTUD.

In addition, By 2026 the volume available for sale is 160.5 GBTUD when more than 350 GBTUD are needed for that year. This shows a significant shortage for both years, which could lead to situations as critical as a shortage.

(Read also: Upme proposes importing gas through La Guajira to address shortages in the coming years)

He The deficit would then be equivalent to 12% of demand for next year and by 2026 it would increase to 30%. Naturgas said, calling for urgent action to be taken. They assured that The local supply will not be sufficient, so external supply options must be analyzed..

Offer of available quantities of natural gas for firm sale (PTDVF)

Natural Gas Market Manager

“The decrease in supply reaffirms the need to prioritize public and regulatory policy decisions aimed at Increase local gas supply and enable all external sources of supply“said Luz Stella Murgas, president of the union.

(Related: Changes in gas imports and sales proposed by the Government in response to deficit alert)

He warned that these tight market situations can also lead to prices of this public service increase, due to the difference between supply and demand for available molecules.

Murgas called for measures to be taken Regulatory aspects must be considered to allow for more flexible marketing conditions:Regarding contract duration, direct negotiations at any time of the year, signing of firm supply contracts with short, medium and long-term validity and flexibility in the start of contract execution.“.

(We suggest: Fanny Guerrero took office as expert commissioner of the Creg: the challenges she will have)

Another of the requests made is related to the Approval of investments associated with the expansion of the transport capacity of the Barranquilla – Ballena gas pipelinewhich would allow gas to be brought from the Caribbean to the interior.

Finally, they asked to resolve the requests for rReview of charges and aggregation of transport sections necessary to promote the development of projects that will increase local gas supply.

LNG tanker in Spec

LNG tanker in Spec

Spec

The Minister of Mines and Energy, Andrés Camacho, stated that “since May We launched a gas supply plan, we have been working with him on regulatory measures that allow, for example, the early use of offshore molecules, as well as the improvement of existing infrastructure through bidirectional and multiphase pipelines.“.

(Recommended reading: There are 600 thermal megawatts awaiting auction, but gas supply is required)

In fact, Naturgas pointed out that There are two regulatory proposals from the Energy and Gas Regulatory Commission (Creg)) that take some of the necessary measures. However, they noted that It is necessary that they be taken firmly.

For thisIt would require that the Creg be functioning and have a quorum to hold sessionsHowever, the entity only has two commissioners of the six that must make up the entity and the four required to hold sessions.

Daniela Morales Soler
Portfolio Journalist

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