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Revealed by Jessica Casey,
Editor
LNG Business,
For the previous seven years, the FSRU Höegh Grace has delivered high-quality and dependable LNG storage and regasification providers to the SPEC LNG Import Terminal in Cartagena, Colombia.
Höegh LNG has introduced the extension and enlargement of its providers to SPEC LNG. As Colombia faces a major shift in its energy necessities and a decline in home fuel provide, LNG is positioned to proceed supporting electrical energy technology and offsetting the projected pure fuel deficit for industrial/residential demand.
The settlement with SPEC allows continuity and improve of power provide by way of at the least 2031. Each corporations stay dedicated to sustainable operations and diminished emissions over the approaching years.
“The renewal of our longstanding co-operation with SPEC LNG demonstrates how helpful floating terminals could be, as dependable, sustainable and scalable infrastructure options. We’re happy to assist Colombia safe entry to worldwide LNG markets and make sure the reliability of its power system,” mentioned CEO of Höegh LNG, Erik Nyheim.
“This optimistic information arrives at an important second for Colombia. The extension of the FSRU providers and the opportunity of utilising the regasification capability of SPEC LNG as much as 533 million ft3/d will contribute to the long-term provide of pure fuel and strengthen power reliability within the nation,” added Jose Maria Castro, Managing Director of SPEC LNG.
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/09012024/hegh-lng-and-spec-lng-extend-partnership/
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