Frontera: Puerto Bahia, Gasco to Pursue LPG Project in Colombia

Frontera Energy said its subsidiary, Sociedad Portuaria Puerto Bahía S.A and Gasco Soluciones Logísticas y Energéticas entered into a pact to pursue a liquified petroleum gas project in Colombia.

• Project is at Puerto Bahia’s state-of-the-art liquids and dry cargo port terminal strategically located in the Bay of Cartagena, according to a statement from Frontera
• Agreement covers the construction and operation of the LPG project and is expected to be in service by 2027
  • Frontera owns a 99.97% equity interest in Puerto Bahia
• Both will jointly develop a 20,400 tons LPG refrigerated storage facility at Puerto Bahia
  • The estimated cost of ...