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Colombia to launch floating gas plant

Wednesday, October 22, 2014

The world's first floating gas liquefaction plant is due to begin operating next year off the coast of northern Colombia under a pact between Canada-based Pacific Rubiales Energy and Belgian shipbuilder Exmar.

The project will offer access to international markets for Latin American and Caribbean natural gas "and will ultimately generate an important impact on the development of the sector in Colombia," Pacific Rubiales President Jose Francisco Arata said.

The partners expect to export 70 million cubic feet of gas per day, according to a press release.

Source: Fox News Latino