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Market Chatter: Ecopetrol Explores Potential LNG Imports Ahead of Potential Shortfalls
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Market Chatter: Ecopetrol Explores Potential LNG Imports Ahead of Potential Shortfalls
Jun 28, 2024 1:10 PM

03:50 PM EDT, 06/28/2024 (MT Newswires) -- Ecopetrol ( EC ) is talking with potential suppliers of liquefied natural gas as the nation's domestic gas production shrinks, Bloomberg reported Friday, citing people familiar with the matter.

The state-run company is particularly interested in buying LNG from the US because of close proximity to the largest exporter, the sources said. Columbia is also considering building a second import terminal ahead of a potential shortfall predicted in the next two years.

Ecopetrol ( EC ) did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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