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SPEC LNG operates the FSRU-based terminal in which Colombian gas distributor Promigas has a 51 percent stake while Dutch Vopak holds the rest.
The firm said in a social media post that it received the 100th LNG cargo on September 23.
According to AIS data provided by VesselsValue, the 2020-built 173,400-cbm BW Magnolia was located at the 170,000-cbm FSRU, Hoegh Grace, on Tuesday.
The LNG carrier, owned by BW LNG and chartered by BP, brought the cargo from Sempra Infrastructure’s Cameron LNG terminal in Louisiana.
Hoegh Evi’s Hoegh Grace receives LNG supplies from the US and Trinidad and Tobago.
SPEC LNG said that in its eight years of operations, the FSRU received more than 5,800,000 cbm of LNG.
During 2024, LNG received and regasified at SPEC LNG’s terminal has allowed the firm to support more than 70 percent of the country’s thermal and gas generation, especially during the recent El Nino phenomenon, it said.
The FSRU supplies regasified LNG to local power plants via a 9.2 km pipeline which is connected to the national network.
New deal
Earlier this year, Hoegh and SPEC LNG signed a new agreement for Colombia’s only FSRU-based LNG import facility.
According to Hoegh, the initial term of the FSRU charter deal is 20 years from late 2016. However, each party has an unconditional option to cancel the charter after 10 and 15 years without any termination fee.
Hoegh said in January that it has extended and also expanded its services to SPEC under the new deal.
“As Colombia faces a significant shift in its power requirements and a decline in domestic gas supply, LNG is positioned to continue supporting electricity generation and offsetting the projected natural gas deficit for industrial/residential demand,” it said.
The agreement with SPEC enables continuity and increase of energy supply through at least 2031, Hoegh said.
This means that the charter contract has been extended for five years.
SPEC LNG said in a separate statement that under the new deal the FSRU-based terminal will regasify up to 533 MMscfd, an increase from a current limit of 400 MMscfd.
This will allow the facility to meet up to 50 percent of Colombia’s natural gas demand, it said.
