NATURAL GAS IN COLOMBIA

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "NATURAL GAS IN COLOMBIA"

Transcription

1 NATURAL GAS IN COLOMBIA Diana Alejandra Franco Díaz January 30, Natural Gas 1

2 15 years since the Natural Gas Mass Consumption Plan started Colombia is the 7th country in the world with more vehicles NGV (3rd in Latin America). Colombia faces a problem of natural gas supply in the short term Natural Gas 2

3 Content About Colombia Historical development of natural gas in Colombia The Structure The Gas Market What about the future? Conclusions Natural Gas 3

4 About Colombia Natural Gas 4

5 About Colombia Bogotá Officially: The Republic of Colombia Population: (estimate at 2008) Total area: km2, where km2 are continental area Capital and largest city: Bogotá GDP (Nominal): million USD/year Per capita: USD/ year Natural Gas 5

6 Historical Development of Natural Gas Natural Gas 6

7 Source: UPME 70`s : Beginnings ( ) First Gas Pipeline Ballena Barranquilla- Cartagena : First residential users. 1978: Pipeline Dina Neiva. Oil and Gas are discovered in Apiay (Meta) 80`s : 1986: First energy policy: "Natural gas for change 1988: First pipeline to Bogotá. Apiay-Villavicencio-Bogotá 1989: Cusiana is discovered Natural Gas 7

8 Developing the structure ( ) Natural Gas Mass Consumption Plan: It defines guidelines in order that Ecopetrol leads the main network construction and for the development of the regulatory frame of the industry. Law 142: It defines the legal framework for domiciliary public services. The Regulatory Commission of Energy and Gas (CREG) is created. - Ecopetrol connects major fields with the places of consumption (more than 2000Km). - The Colombian Company of Gas (ECOGAS) is created and Ecopetrol stops assuming the responsibility of executing the Mass Consumption Plan in a centralized form Begins the process of privatization of gas companies The National Hydrocarbons Agency (ANH) is stablished Natural Gas 8

9 Users. 40% of the total population. NG is present in 22 of the 32 departments of Colombia Km of the Colombian gas transportation network. Capitalization of Ecopetrol (Sale of 20% of Shares). Alienation of Ecogas to TGI S.A. ESP. At the end of Natural Gas 9

10 The Structure Production Transporters Natural Gas 10

11 The Structure Today Explorers (over 44) Distributors (over 23) Residential NGV Industrial Thermoelectricity Producers (12) Transporters (8) Natural Gas 11

12 TJD Production Tera Joule per Day (10^12) Natural gas supply by region Guajira Cusiana Center Güepajé Guajira - 62% (non associated gas) ChevronTexaco Ecopetrol Regulated Prices (associated to oil price) = 4,98 USD/MBTU (4,72USD/GJ) August 08 January 09 Data source: UPME Cusiana 30% (associated to oil production) BP Ecopetrol Free Prices (with CREG supervision) = Auction: 3,71 6,02 USD/ MBTU (3,52-5,71USD/GJ) Data source: Ecopetrol Natural Gas 12

13 Transporters TGI (97,91% of EEB) 3702Km PROMIGAS ( 52,1% of AEI) 2039Km 94% Source: EEB Natural Gas 13

14 The Gas Market Reserves Production Consumption Natural Gas 14

15 Cusiana, Cupiagüa Proved Reserves Billion cubic meter (10^9) Developed/ non developed ,05 100% ,60 73% 27% Total 2000 Developed Non developed ,60 128,53 75,07 15,55 100% 73% 27% 8% more Natural Gas Data source: UPME 15 Bcm %

16 Production Billion cubic meter (10^9) The West Pipeline entered in operation 99 Recession 2003: Cusiana increased its capacity with Cusiana III 8,0 7,5 7,0 6,5 6,0 5,5 5,0 4,5 4,0 3,5 3,0 Guajira increased its capacity with Chuchupa II Data source: UPME, BP Natural Gas 16

17 Consumption by sector 671 Tera Joule per Day (10^12) Data source: UPME Natural gas vehicle Residential Petrochemistry Ecopetrol Industry % by sector Thermoelectricity In the last years the industrial consumption and the natural gas vehicle have boosted the internal market, also in the residential sector the growth has been important. NGV Residential PC Ecopetrol Industry TE 9% 17% 2% 11% 41% 20% Natural Gas 17

18 Natural Gas Vehicle 400 VAT exemption for kits Regulation of technical standards Release in fuel prices Filling EDS Stations Birth and development Growth Vehicles Vehículos FS EDS Conv. Cumulative Acum conversion 0 Source: Gazel Natural Gas 18

19 Gasoline: 7648 $*/gal 0,90 USD/liter A vehicle can travel about 11 Km/liter Of gasoline, which leads to a ratio of: 0,082 USD/ Km Natural Gas Vehicle Prices in Bogotá Fuel subsidies (%) 2% 2% 3% 5% 7% 46% 49% 54% 53% 54% NGV: 1392 $*/m3 0,62 USD/m3 A vehicle can travel about 12,43 Km/m3 of NGV, which leads to a ratio of: 0,050 USD/ Km 52% 48% 42% 42% 39% Gasolinas Diesel GNV Source: Gazel *1 USD = $ 2245, 28 (Colombian Pesos) ) Natural Gas 19

20 What about the future? Natural Gas 20

21 GBTUd GBTUd Balance P10, con importaciones en la base Interior La Creciente Guajira Importación Demanda Balance P90, con importaciones en la base Interior La Creciente Guajira Importación Demanda GBTUd Forecast Source: UPME Natural Gas Balance P50, con importaciones en la base Interior La Creciente Guajira Importación Demanda GBTUD = 1,055 TJD

22 Options Short Term: - Increase self production - Imports from Venezuela: contracts with clauses are required to respect strict penalties for failure to deliver agreed. Long term: - Gas storage: Cover the peak consumption, however is not the solution to the problem of shortage. - LNG - gasification plant: It requires guarantees for the use of close to 100% capacity to be economically viable. - Energy integration Natural Gas 22

23 Interconnection Node Ecopetrol Chevron- Pdvsa 1. Exports to Venezuela (MCMD) 2008: 1,4 2009/10: 4,2 2011: 2,8 2. Imports from Venezuela : Beggins with 0,5 MCMD Source: MME Natural Gas 23

24 Conclusions Since the Natural Gas Mass Consumption Plan started, the natural gas has increased its participation in the energy market from 6.8% in 1998 to 16.8% in 2007 and will continue to growing. The structure of the industry is concentrated: 2 major producers and 2 large transporters. Reliability in providing the service highly dependent on events in transport and production. The market is concentrated in a few regions. It is required to find new fields and expand the production capacity of existing ones. It is required to strengthen the infrastructure of natural gas transmission, storage and development of import facilities Natural Gas 24

25 THANK YOU FOR YOUR ATTENTION Natural Gas 25

26 References: British Petroleum. Statistical Review of World Energy Available online at: Colombia. In Wikipedia, The Free Encyclopedia.,from Comisión de Regulación de Energía y Gas CREG. Official web site: Ecopetrol. Official web site: El Mercado del gas natural en Colombia. Quito Ecuador. June Available online at: Empresa Colombiana de Gas (ECOGAS). Official web site: Empresa de energía de Bogotá S.A. ESP (EEB S.A ESP). Official Web site: Gazel Colombia. Official Web Site: Kozulj Roberto, (2007). El abastecimiento de gas natural en Colombia: confiabilidad, alternativas de suministro y posibles impactos sobre la política energética. Observatorio Colombiano de Energía, Publication No. 28. Colombia. Available online at: Natural Gas 26

27 References: Ministerio de Minas y Energía (Minminas MME). Memorias al Congreso Available online at: d_subcategoria=496 Ministerio de Minas y Energía (Minminas) UPME Plan Energético Nacional. Contexto y Estrategias Bogotá, Colombia. Available online at: Boletín Estadístico, de Minas y Energía Bogotá, Colombia. Available online at: Boletín Estadístico, de Minas y Energía Bogotá, Colombia. Available online at: Ministerio de Minas y Energía Official Web site: Naturgas. Congreso Anual de Naturgas Available online at: Naturgas. Disponibilidad futura del gas en Colombia, Balance Probabilístico de Gas Natural October Available online at: Ospina Eduardo. Plan de Masificación del Gas: evaluación y Perspectivas Available online at: %20de%20masificacion%20del%20gas%20evaluacion%20y%20perspectivas.pdf Natural Gas 27

28 References: Promigas S.A ESP. Official Web site: Transportadora de gas del interior S.A. ESP (TGI S.A. ESP). Official web site: Unidad de Planeación Minero-Energética (UPME). Official Web site: Natural Gas 28

Colombia: a country with energy diversity

Colombia: a country with energy diversity Colombia: a country with energy diversity Ministerio de Relaciones Exteriores República de Colombia As reflected in President Juan Manuel Santos National Development Plan, Colombia's energy industry, in

More information

Regulation and Incentives for Investment in the Colombian Gas TransportNetwork

Regulation and Incentives for Investment in the Colombian Gas TransportNetwork Regulation and Incentives for Investment in the Colombian Gas TransportNetwork D H Market Analysis Ltd N -H F University of Oslo 08 February 2010 Abstract Recent events in the distribution of gas supplies

More information

National Energy Plan. Its Context and Evolution in UPME

National Energy Plan. Its Context and Evolution in UPME National Energy Plan. Its Context and Evolution in UPME Daniel Vesga Mining and Energy Planning Unit April, 2014 Agenda 1.The older Plans 2.Current work Through the ages National Energy Study 1982 CNE/UPME

More information

Secondary and short term natural gas markets International experiences

Secondary and short term natural gas markets International experiences Secondary and short term natural gas markets International experiences Bogotá, 13 th May 2011 Presented by: Dan Harris Principal The Brattle Group Copyright 2011 The Brattle Group, Inc. www.brattle.com

More information

Upstream Issues in Colombian Gas Supply

Upstream Issues in Colombian Gas Supply Upstream Issues in Colombian Gas Supply D H Market Analysis Ltd 12 April 2010 Abstract Market Analysis Ltd has been commissioned by the Comisión de Regulación de Energía y Gas (the CREG) to conduct an

More information

Designing and Structuring the Secondary Market, Short-term Markets and their Management Mechanisms. Task 4 Report

Designing and Structuring the Secondary Market, Short-term Markets and their Management Mechanisms. Task 4 Report Designing and Structuring the Secondary Market, Short-term Markets and their Management Mechanisms Task 4 Report 9 th May 2011 David Harbord (Market Analysis) Paul Carpenter, Dan Harris, David Robinson

More information

MODELLING TO ASSES POLICIES ON GAS PENETRATION IN THE COLOMBIAN ENERGY SECTOR

MODELLING TO ASSES POLICIES ON GAS PENETRATION IN THE COLOMBIAN ENERGY SECTOR MODELLING TO ASSES POLICIES ON GAS PENETRATION IN THE COLOMBIAN ENERGY SECTOR Isaac Dyner, Ricardo Smith, Yris Olaya, Antonio Quintero and SantiagoArango Universidad Nacional de Colombia ABSTRACT As the

More information

Quarterly Results July-September 2013

Quarterly Results July-September 2013 Quarterly Results July-September 2013 WELCOME Promigas: An organization committed to energy and progress Develops energy markets in Colombia and Peru, both directly and through shareholdings in 14 companies.

More information

Consejo Mundial de Energía Foro Biregional de América del Norte y de América Latina y el Caribe

Consejo Mundial de Energía Foro Biregional de América del Norte y de América Latina y el Caribe Consejo Mundial de Energía Foro Biregional de América del Norte y de América Latina y el Caribe JUNIO DE 2006 Disclaimer Safe harbor statement under the Private Securities Litigation Reform Act of 1995:

More information

Earnings Conference Call TGI and Cálidda: Results and Key Developments 2Q2015

Earnings Conference Call TGI and Cálidda: Results and Key Developments 2Q2015 TGI & Cálidda Results 1H 2015 Grupo Energía de Bogotá Call Conference Earnings Conference Call TGI and Cálidda: Results and Key Developments 2Q2015 Operator Instructions Good morning ladies and gentlemen.

More information

Table of CONTENTS THE NATURAL GAS CHAIN IN COLOMBIA

Table of CONTENTS THE NATURAL GAS CHAIN IN COLOMBIA 2 THE NATURAL GAS CHAIN IN COLOMBIA Table of CONTENTS 1 INTERNATIONAL ENVIRONMENT... 8 1.1 Energy in the world... 9 1.2 Natural gas in the world... 15 1.3 Natural Gas in Latin America... 19 2 NATIONAL

More information

#PPP PROJECTS. Dimitri Zaninovich. Director of Infrastructure and Sustainable Energy National Planning Department

#PPP PROJECTS. Dimitri Zaninovich. Director of Infrastructure and Sustainable Energy National Planning Department #PPP PROJECTS Dimitri Zaninovich Director of Infrastructure and Sustainable Energy National Planning Department February, 2014 1. Starting Point Colombia s Macroeconomic Overview Upcoming Opportunities

More information

Oil and Gas Exploration and Production (E&P) in Colombia - Market Analysis, Competitive Landscape and Forecasts to 2020

Oil and Gas Exploration and Production (E&P) in Colombia - Market Analysis, Competitive Landscape and Forecasts to 2020 Oil and Gas Exploration and Production (E&P) in Colombia - Market Analysis, Competitive Landscape and Forecasts to 2020 Reference Code: GDGE0067MAR Publication Date: October 2012 Colombia has Witnessed

More information

Ministry of Mines and Energy Unidad de Planeación Minero Energética Minister of Mines and Energy Hernán Martínez Torres. General Director UPME Carlos

Ministry of Mines and Energy Unidad de Planeación Minero Energética Minister of Mines and Energy Hernán Martínez Torres. General Director UPME Carlos Ministry of Mines and Energy Unidad de Planeación Minero Energética Minister of Mines and Energy Hernán Martínez Torres. General Director UPME Carlos Arturo Flórez Piedrahita Subdirector of Energy Planning

More information

Research Update: Empresa de Energia de Bogotá S.A. E.S.P. 'BB+' Corporate Credit Rating Affirmed; Outlook Remains Stable.

Research Update: Empresa de Energia de Bogotá S.A. E.S.P. 'BB+' Corporate Credit Rating Affirmed; Outlook Remains Stable. June 21, 2011 Research Update: Empresa de Energia de Bogotá S.A. E.S.P. 'BB+' Corporate Credit Rating Affirmed; Outlook Primary Credit Analyst: Carolina Duran, Mexico City 52-55-5081-4417;carolina_duran@standardandpoors.com

More information

The Energy Situation in Mexico

The Energy Situation in Mexico The Energy Situation in Mexico Mexico's total energy consumption in 2014 consisted mostly of : petroleum (45%), natural gas (40%). Natural gas is increasingly replacing oil in electric power generation.

More information

Peru s Energy Future. The non-renewable sources

Peru s Energy Future. The non-renewable sources Presentation to the Peru s Energy Future March 2015 The non-renewable sources Eleodoro Mayorga Alba CEPLAN Webinar July 2015 Content 1- Perú in Numbers 2- Energy medium-term outlook Diagnostic The last

More information

A Regional Leader in the Energy Sector

A Regional Leader in the Energy Sector Empresa de Energía de Bogotá - EEB A Regional Leader in the Energy Sector EEB Overview Wide energy Portfolio: Network and Services Shareholders: Bogotá D.C. 76.28%, Ecopetrol 6.87%, Corficolombiana 3.56%,

More information

Regional Perspectives on Natural Gas Supply and Demand

Regional Perspectives on Natural Gas Supply and Demand ariae Regional Perspectives on Natural Gas Supply and Demand San Diego, California May 17, 2004 Dionisio Pérez-Jácome Comisión Reguladora de Energía Index I. Natural Gas Market II. LNG Projects in Mexico

More information

Mexican Energy Reform. Implications and opportunities in the national electricity network

Mexican Energy Reform. Implications and opportunities in the national electricity network Mexican Energy Reform Implications and opportunities in the national electricity network Contents 1. What are the implications of the reform? 4 2. How can we help you identify opportunities and obtain

More information

Designing and Structuring the Secondary Market, Short-term Markets and their Management Mechanisms. Task 5 Report

Designing and Structuring the Secondary Market, Short-term Markets and their Management Mechanisms. Task 5 Report Designing and Structuring the Secondary Market, Short-term Markets and their Management Mechanisms Task 5 Report 12 th September 2011 Market Analysis Ltd The Brattle Group TABLE OF CONTENTS 1. Introduction...3

More information

Sempra Mexico is now IEnova

Sempra Mexico is now IEnova Sempra Mexico is now IEnova IEnova is a leader in the energy infrastructure industry in Mexico. We have invested more than $2.4 billion dollars in gas and power infrastructure and in the next three years,

More information

Global Vision for Gas The Pathway towards a Sustainable Energy Future

Global Vision for Gas The Pathway towards a Sustainable Energy Future Global Vision for Gas The Pathway towards a Sustainable Energy Future Roberto D. Brandt International Gas Union (IGU) Lima July 3, 2012 Table of Contents 1. What is IGU? 2. IGU s Global Vision for Gas

More information

Promigas S.A. E.S.P. and its subsidiaries. Consolidated Financial Statements as of December 31, 2012 and 2011, and Independent Auditor s Report

Promigas S.A. E.S.P. and its subsidiaries. Consolidated Financial Statements as of December 31, 2012 and 2011, and Independent Auditor s Report Promigas S.A. E.S.P. and its subsidiaries Consolidated Financial Statements as of December 31, 2012 and 2011, and Independent Auditor s Report PROMIGAS S.A. E.S.P. AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED

More information

Gold Sponsor: Silver Sponsor: Bag Sponsor: Booklet Sponsor: Wi Fi Sponsor: Lanyard Sponsor: Exhibitors: Market Place:

Gold Sponsor: Silver Sponsor: Bag Sponsor: Booklet Sponsor: Wi Fi Sponsor: Lanyard Sponsor: Exhibitors: Market Place: Gold Sponsor: Silver Sponsor: Bag Sponsor: Booklet Sponsor: Wi Fi Sponsor: Lanyard Sponsor: Market Place: Exhibitors: Wednesday, 9 th of July, 2014 * Preliminary Program. Subject to changes 8:00 Register

More information

This presentation may include certain forward looking statements. All statements other than

This presentation may include certain forward looking statements. All statements other than This presentation may include certain forward looking statements. All statements other than statements of historical fact, included herein, including, without limitation, statements regarding future plans

More information

GROWTH, CONFIDENCE AND OPPORTUNITIES TO INVEST

GROWTH, CONFIDENCE AND OPPORTUNITIES TO INVEST GROWTH, CONFIDENCE AND OPPORTUNITIES TO INVEST AUTOMOTIVE INDUSTRY Colombia meets all the right conditions to be an significant player in vehicle production worldwide, and the country could have a solid

More information

Peru s Energy Policy and Climate Change

Peru s Energy Policy and Climate Change Presentation to the IFP Energies Nouvelles March 2015 Peru s Energy Policy and Climate Change Eleodoro Mayorga Alba Paris, March 2025 Content 1- Perú in Numbers 2- The energy outlook to 2025 Diagnostic

More information

Tito Yepes. Calle 78 No. 9 91 Tel: +57 1 325 9777 Skype: tyepes Email: tyepes@fedesarrollo.org.co

Tito Yepes. Calle 78 No. 9 91 Tel: +57 1 325 9777 Skype: tyepes Email: tyepes@fedesarrollo.org.co Tito Yepes Calle 78 No. 9 91 Tel: +57 1 325 9777 Skype: tyepes Email: tyepes@fedesarrollo.org.co Associated researcher at Fedesarrollo and international consultant in infrastructure, urban and regional

More information

Case Study From. Gas and Power in Peru

Case Study From. Gas and Power in Peru 1 Case Study From Peru restructured its electricity sector in the early 1990s. In a short period of time and despite the fact that privatization has been limited, the Peruvian electricity sector already

More information

Comisión Nacional de Energía Eléctrica. President. Carlos Eduardo Colom Bickford. Director. Enrique Moller Hernández. Director

Comisión Nacional de Energía Eléctrica. President. Carlos Eduardo Colom Bickford. Director. Enrique Moller Hernández. Director Comisión Nacional de Energía Eléctrica President Carlos Eduardo Colom Bickford Director Enrique Moller Hernández Director César Augusto Fernández Fernández General Manager Sergio Oswaldo Velásquez Moreno

More information

Introduction of LNG into Mexico: Regulatory Issues to Consider April 25, 2003 Long Beach, California

Introduction of LNG into Mexico: Regulatory Issues to Consider April 25, 2003 Long Beach, California LNG: When East Meets West LNG Express Introduction of LNG into Mexico: Regulatory Issues to Consider April 25, 2003 Long Beach, California Index I. Regulatory Framework II. Natural Gas Market III. LNG

More information

Hydro Power Plants in Ecuador: A Technical and Economical Analysis Gabriel Salazar, Hugh Rudnick, Fellow, IEEE.

Hydro Power Plants in Ecuador: A Technical and Economical Analysis Gabriel Salazar, Hugh Rudnick, Fellow, IEEE. Hydro Power Plants in Ecuador: A Technical and Economical Analysis Gabriel Salazar, Hugh Rudnick, Fellow, IEEE. Abstract- Private investment in generation plants in Ecuador has been null over the last

More information

Results of Electricity Sector Restructuring in Chile

Results of Electricity Sector Restructuring in Chile Case Study From 1 Chile is a leader of the privatization movement in South America. In 1986, to meet the growing demand for energy, Chile began restructuring of the state-owned power sector. Before selling

More information

Newsletter. Portuguese Economy and Energy Sector

Newsletter. Portuguese Economy and Energy Sector Newsletter Portuguese Economy and Energy Sector Q2, 2012 Economic News on Portugal The country has become a diversified and increasingly service-based economy since joining the European Community (EU).

More information

Increased Conversion to Natural Gas Vehicles in Asia

Increased Conversion to Natural Gas Vehicles in Asia Increased Conversion to Natural Gas Vehicles in Asia Global Alternative Fuels Webinar March 17, 2016 UPSTREAM MIDSTREAM DOWNSTREAM FUEL & TRANSPORT Agenda Overview Background Regional Snapshot of Natural

More information

Natural Gas as Solid Foundation for Russia-Italy Economic Cooperation

Natural Gas as Solid Foundation for Russia-Italy Economic Cooperation Natural Gas as Solid Foundation for Russia-Italy Economic Cooperation Sergei Komlev Head of Contract Structuring and Price Formation Gazprom Export Italy-Russia Industry Seminar, Milano, February 26, 2014

More information

2013 Minerals Yearbook

2013 Minerals Yearbook 2013 Minerals Yearbook CUBA [ADVANCE RELEASE] U.S. Department of the Interior U.S. Geological Survey April 2015 The Mineral Industry of Cuba By Yadira Soto-Viruet In 2013, Cuba was estimated to rank 7th

More information

COLOMBIA ECONOMIC PERFORMANCE BRIEF October 2012

COLOMBIA ECONOMIC PERFORMANCE BRIEF October 2012 COLOMBIA ECONOMIC PERFORMANCE BRIEF October 2012 1. ECONOMY IN BRIEF Colombian GDP in 2011 reached 5.9%, showing a continuous positive growth rate over the past years. In the third quarter of 2012 the

More information

Colombia and its Energy Potential

Colombia and its Energy Potential Colombia and its Energy Potential by David Yanovich Partner Cerrito Capital Bogotá, Colombia August 7, 2013 Introduction Over the last decade, the Colombian economy has experienced tremendous growth thanks

More information

Empresas Públicas de Medellín

Empresas Públicas de Medellín 1 Empresas Públicas de Medellín Emerging Markets Corporate Conference Miami, March of 2010 Disclaimer 2 This document was prepared by EPM with the purpose of providing interested parties certain financial

More information

Content. 1. Colombia Indicators / targets. 2. Potential. 3. Colombia Round 2012

Content. 1. Colombia Indicators / targets. 2. Potential. 3. Colombia Round 2012 Ronda Colombia 2012 Content 1. Colombia Indicators / targets 2. Potential 3. Colombia Round 2012 2 Colombia has strong fundamentals on which to build prosperity Source: Ministry of Mines and Energy - Colombia

More information

World Energy Outlook Maria van der Hoeven Executive Director International Energy Agency Tokyo, 28 November

World Energy Outlook Maria van der Hoeven Executive Director International Energy Agency Tokyo, 28 November World Energy Outlook 2013 Maria van der Hoeven Executive Director International Energy Agency Tokyo, 28 November The world energy scene today Some long held tenets of the energy sector are being rewritten

More information

Colombia in the world

Colombia in the world Colombia in the world Proexport around the world Process of attracting Foreign Direct Investment Proexport offers detailed and professional assistance for investors that find interesting business opportunities

More information

Measurement of the Carbon Footprint in the Company Sistemas Operativos Móviles, Transmilenio

Measurement of the Carbon Footprint in the Company Sistemas Operativos Móviles, Transmilenio DOI: http:/dx.doi.org/10.18180/tecciencia.2014.16.10 Measurement of the Carbon Footprint in the Company Sistemas Operativos Móviles, Transmilenio Medición de la huella de carbono en la empresa sistemas

More information

World Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency

World Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency World Energy Outlook 27: China and India Insights www.worldenergyoutlook.org International Energy Agency Why Focus on China & India? Increase in World Primary Energy Demand, Imports & Energy-Related CO

More information

MEXICAN ENERGY REFORMS

MEXICAN ENERGY REFORMS MEXICAN ENERGY REFORMS JOHNS HOPKINS UNIVERSITY School of Advanced International Studies Dr. Francisco Barnés de Castro Comisión Reguladora de Energía Abril 29, 2014 1. Brief history of the energy industry

More information

Central termoeléctrica Zona Franca Celsia- Barranquilla, Atlántico. Conference call 2Q 1S 2014. July 23rd 2014. www.celsia.com

Central termoeléctrica Zona Franca Celsia- Barranquilla, Atlántico. Conference call 2Q 1S 2014. July 23rd 2014. www.celsia.com Central termoeléctrica Zona Franca Celsia- Barranquilla, Atlántico Conference call 2Q 1S 2014 July 23rd 2014 www.celsia.com Disclaimer This document has been prepared by Celsia S.A. E.S.P. (the Company

More information

Energy Conservation in Iran

Energy Conservation in Iran In the Name of God Energy Conservation in Iran Current Situation, Policies and Programs The Oil & Gas Seminar (Organized by Embassy of Italy in Tehran) Presenter: N. Sayfi Managing Director Prepared by:

More information

VEHICLE CONVERSION TO DUAL GASOLINE/CNG FROM 150 TO 100,000 IN 5 YEARS IN PERU

VEHICLE CONVERSION TO DUAL GASOLINE/CNG FROM 150 TO 100,000 IN 5 YEARS IN PERU VEHICLE CONVERSION TO DUAL GASOLINE/CNG FROM 150 TO 100,000 IN 5 YEARS IN PERU Background One of the main challenges when a natural gas (NG) reservoir is discovered in a country where there is no demand

More information

Mexico s Energy Sector: Trends and opportunities

Mexico s Energy Sector: Trends and opportunities Mexico s Energy Sector: Trends and opportunities April 8, 2016 Benjamin Torres-Barron Baker & McKenzie Baker & McKenzie Abogados, S.C. forma parte de Baker & McKenzie International, una sociedad suiza

More information

THE PHILIPPINE NATURAL GAS INDUSTRY

THE PHILIPPINE NATURAL GAS INDUSTRY THE PHILIPPINE NATURAL GAS INDUSTRY Jesus T. Tamang Officer-in in-charge, Natural Gas Office Department of Energy Presentation Outline Birth of the Industry Upstream Sector Downstream Sector Development

More information

Solving Colombia s gas supply deficit. April 2016

Solving Colombia s gas supply deficit. April 2016 Solving Colombia s gas supply deficit April 2016 Forward Looking Statements This presentation may include certain forward looking statements. All statements other than statements of historical fact, included

More information

Options in the Field for Converting Flare Gas to Alternate Energy Sources

Options in the Field for Converting Flare Gas to Alternate Energy Sources NATURAL GAS ANYWHERE, WITHOUT A PIPELINE Worldwide leader for off pipeline CNG delivery for industrial and vehicle applications Options in the Field for Converting Flare Gas to Alternate Energy Sources

More information

Natural Gas Industry in Brazil: Regulatory Evolution, Market Development and Investment Opportunities

Natural Gas Industry in Brazil: Regulatory Evolution, Market Development and Investment Opportunities Natural Gas Industry in Brazil: Regulatory Evolution, Market Development and Investment Opportunities Guilherme de Biasi Cordeiro Department of Trade and Transportation of Liquid Hydrocarbons and Natural

More information

MEXICO ENERGY OUTLOOK RAFAEL ALEXANDRI RIONDA GENERAL DIRECTOR FOR ENERGY PLANNING AND INFORMATION

MEXICO ENERGY OUTLOOK RAFAEL ALEXANDRI RIONDA GENERAL DIRECTOR FOR ENERGY PLANNING AND INFORMATION MEXICO ENERGY OUTLOOK RAFAEL ALEXANDRI RIONDA GENERAL DIRECTOR FOR ENERGY PLANNING AND INFORMATION 1 Crude oil production and exports are expected to increase as a result of the recent Energy Reform Expected

More information

Energy Reform in Mexico. January 9 th, 2015

Energy Reform in Mexico. January 9 th, 2015 Energy Reform in Mexico January 9 th, 2015 ENERGY REFORM PRINCIPLES! Don't reinvent the wheel.! Legal certainty for new and previous participants.! Reduce costs through efficiency and competition. 2 ENERGY

More information

Energy Efficiency and Renewable Energy in Mexico

Energy Efficiency and Renewable Energy in Mexico Energy Efficiency and Renewable Energy in Mexico Dr. Leticia Campos Aragón Researcher at the Institute for Economic Research at the National University of Mexico Article 33.- The Energy Secretariat is

More information

Transforming America s Energy Future. Kentucky. Energy Statistics. Developed by

Transforming America s Energy Future. Kentucky. Energy Statistics. Developed by Transforming America s Energy Future Kentucky Energy Statistics Developed by 2 2 Summary The first edition of Kentucky Energy Statistics is offered by the National Association for State Energy Officials

More information

NATIONAL ENERGY PLAN 2006-2025 Context & Strategies Minister of Mines and Energy Hernán Martínez Torres Unidad de Planeación Minero Energética UPME

NATIONAL ENERGY PLAN 2006-2025 Context & Strategies Minister of Mines and Energy Hernán Martínez Torres Unidad de Planeación Minero Energética UPME 1 NATIONAL ENERGY PLAN 2006-2007 NATIONAL ENERGY PLAN 2006-2025 Context & Strategies Minister of Mines and Energy Hernán Martínez Torres Unidad de Planeación Minero Energética UPME GeneralDirector Carlos

More information

DEVELOPMENT OF A LESS THAN 5 kw VERTICAL AXIS WIND TURBINE FOR ELECTRICITY GENERATION IN THE URBAN ENVIRONMENT (VENUR)

DEVELOPMENT OF A LESS THAN 5 kw VERTICAL AXIS WIND TURBINE FOR ELECTRICITY GENERATION IN THE URBAN ENVIRONMENT (VENUR) DEVELOPMENT OF A LESS THAN 5 kw VERTICAL AXIS WIND TURBINE FOR ELECTRICITY GENERATION IN THE URBAN ENVIRONMENT (VENUR) M. DOLORES RIERA, representing TECNIUM Casals Cardona Industrial, S.A. TECNIUM Casals

More information

A Feasibility Study. Steven C. Agee, Ph.D. Shouro Dasgupta, B.S.B. Alexis Caron, B.S.B.

A Feasibility Study. Steven C. Agee, Ph.D. Shouro Dasgupta, B.S.B. Alexis Caron, B.S.B. Natural Gas Vehicles: A Feasibility Study Steven C. Agee, Ph.D. Shouro Dasgupta, B.S.B. Alexis Caron, B.S.B. Introduction: Natural Gas Vehicles Dedicated natural gas vehicles are designed to run on natural

More information

The participation of non-generation activities in the GB Capacity Market. Department for Energy & Climate Change

The participation of non-generation activities in the GB Capacity Market. Department for Energy & Climate Change The participation of non-generation activities in the GB Capacity Market Department for Energy & Climate Change 22 January 2015 Presentation today 1 Environmental & Energy Aid Guidelines and nongeneration

More information

Colombia s Energy Renaissance

Colombia s Energy Renaissance Colombia s Energy Renaissance A Working Paper of the Americas Society/Council of the Americas Energy Action Group Colombia s Energy Renaissance A Working Paper of the Americas Society/Council of the Americas

More information

- Costa Rica: Lincoln School. - Panama: Tocumen Airport Security, Tocumen Airport Security Extension. - Caracas: Maiquetía Airport Security.

- Costa Rica: Lincoln School. - Panama: Tocumen Airport Security, Tocumen Airport Security Extension. - Caracas: Maiquetía Airport Security. MANUEL AI\TONIO SALAS NARANJO Calle 114 # 56-40 Ap. 708 Bogotá - Colombia Mobile: 32A-2383677 Phone: 57 -l 6177551 E mail: masalas200 1 @hotmail.com BirthDate: June 13, 1959 Status: Separated Gender: Male

More information

Natural Gas Information Contents

Natural Gas Information Contents Natural Gas Information Contents What is natural gas Natural Gas Components Physical Properties of Natural Gas Different Forms of Natural Gas The Use of Natural Gas Co-generation System Natural Gas and

More information

Energy Access in Brazil

Energy Access in Brazil Taller Latinoamericano y del Caribe: Pobreza y el Acceso a la Energía Energy Access in Brazil Prof. Suani Coelho CENBIO Brazilian Reference Center on Biomass University of São Paulo Santiago, October,

More information

ENH-KOGAS, Mozambique. Project. Wednesday. September 23,

ENH-KOGAS, Mozambique. Project. Wednesday. September 23, ENH-KOGAS, SA S.A. Mozambique Natural Gas Distribution ib i Project Wednesday September 23, 2015 Contents Project Introduction - Project Introduction including company, history, and any details Benefits

More information

ENERGY REFORM. Strengthen the stewardship of the State as the owner of the oil and gas, and as regulator of the oil industry.

ENERGY REFORM. Strengthen the stewardship of the State as the owner of the oil and gas, and as regulator of the oil industry. I. The Objectives of the Reform. The bill being submitted by the Federal Executive for the consideration of the Congress of the Union, proposes that Constitutional Article 27 return to state what President

More information

Participation by country of taxes paid (Without recognized contributions)

Participation by country of taxes paid (Without recognized contributions) % 2014 Taxes paid In 2014, energy transmission companies from the ISA group contributed COP 690.524 million in total taxes, of which COP 232.402 million are recognized by the regulator. Participation by

More information

World Energy Outlook. Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014

World Energy Outlook. Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014 World Energy Outlook Dr. Fatih Birol IEA Chief Economist Paris, 27 February 2014 The world energy scene today Some long-held tenets of the energy sector are being rewritten Countries are switching roles:

More information

CLEAN DEVELOPMENT MECHANISM SIMPLIFIED PROJECT DESIGN DOCUMENT FOR. SMALL SCALE PROJECT ACTIVITIES (SSC-PDD v.2) SANTA ANA HYDROELECTRIC PLANT

CLEAN DEVELOPMENT MECHANISM SIMPLIFIED PROJECT DESIGN DOCUMENT FOR. SMALL SCALE PROJECT ACTIVITIES (SSC-PDD v.2) SANTA ANA HYDROELECTRIC PLANT CDM Executive Board page 1 CLEAN DEVELOPMENT MECHANISM SIMPLIFIED PROJECT DESIGN DOCUMENT FOR SMALL SCALE PROJECT ACTIVITIES (SSC-PDD v.2) SANTA ANA HYDROELECTRIC PLANT BOGOTA, COLOMBIA CDM Executive Board

More information

LARGE SCALE INTEGRATION OF RENEWABLE ENERGY SOURCES FOR POWER GENERATION IN COLOMBIA: A SENSIBLE ALTERNATIVE TO CONVENTIONAL ENERGY SOURCES

LARGE SCALE INTEGRATION OF RENEWABLE ENERGY SOURCES FOR POWER GENERATION IN COLOMBIA: A SENSIBLE ALTERNATIVE TO CONVENTIONAL ENERGY SOURCES LARGE SCALE INTEGRATION OF RENEWABLE ENERGY SOURCES FOR POWER GENERATION IN COLOMBIA: A SENSIBLE ALTERNATIVE TO CONVENTIONAL ENERGY SOURCES SCENARIO: 2010-2050 Dissertation zur Erlangung des akademischen

More information

DEVELOPING A CNG INFRASTRUCTURE LINING WITH THE FUTURE NEEDS MIDDLE EAST, NGV SUMMIT, 8 10 SEPTEMBER 2014, ABU DHABI, UAE

DEVELOPING A CNG INFRASTRUCTURE LINING WITH THE FUTURE NEEDS MIDDLE EAST, NGV SUMMIT, 8 10 SEPTEMBER 2014, ABU DHABI, UAE DEVELOPING A CNG INFRASTRUCTURE LINING WITH THE FUTURE NEEDS MIDDLE EAST, NGV SUMMIT, 8 10 SEPTEMBER 2014, ABU DHABI, UAE Robbi R. Sukardi, MBA Chairman For the Association of CNG Indonesia Companies CONTENTS

More information

Agricultural Reinsurance in Latin America Actual Situation & Outlook. 4 th Reinsurance Congress Rio de Janeiro (Brazil) April 2015

Agricultural Reinsurance in Latin America Actual Situation & Outlook. 4 th Reinsurance Congress Rio de Janeiro (Brazil) April 2015 Agricultural Reinsurance in Latin America Actual Situation & Outlook 4 th Reinsurance Congress Rio de Janeiro (Brazil) April 2015 AGENDA Commodity Price & Food Consumption Context Worldwide Agriculture

More information

Working paper for the CDKN project on Linking sectoral and economy- wide models

Working paper for the CDKN project on Linking sectoral and economy- wide models Modelling the socio- economic implications of mitigation actions in Colombia Ricardo Delgado, Camilo Álvarez, Camilo Matajira, Ángela Cadena, Silvia Calderón. Working paper for the CDKN project on Linking

More information

OPTIMIZACIÓN DE GENERACIÓN ELÉCTRICA Y EFICIENCIA ENERGÉTICA OGE&EE

OPTIMIZACIÓN DE GENERACIÓN ELÉCTRICA Y EFICIENCIA ENERGÉTICA OGE&EE PETROAMAZONAS EP OPTIMIZACIÓN DE GENERACIÓN ELÉCTRICA Y EFICIENCIA ENERGÉTICA OGE&EE SECTOR HIDROCARBUROSPROYECTOS Van Den Berg, Berend 15 1. PROJECT DISCRIPTION: Have you ever asked yourself the question

More information

Todos los derechos reservados para XM S.A. E.S.P.

Todos los derechos reservados para XM S.A. E.S.P. Reliability Improvements in Latin America for the 21st Century i-pcgrid Workshop 2013 Innovations in Protection & Control for Greater Reliability Infrastructure Development Outline Description of the Colombian

More information

ATMEDIOS SAS. ARKADIN UNIFIED COMMUNICATIONS & COLLABORATION SERVICES E-mail: o.hernandez@arkadin.com Servicio:

ATMEDIOS SAS. ARKADIN UNIFIED COMMUNICATIONS & COLLABORATION SERVICES E-mail: o.hernandez@arkadin.com Servicio: Cliente: ARKADIN UNIFIED COMMUNICATIONS & COLLABORATION SERVICES E-mail: o.hernandez@arkadin.com Servicio: Transcripción Duración: 55 minutos Nº Páginas 13 Descripción material enviado por el Cliente:

More information

Project of the Year Awards PArtner 2014

Project of the Year Awards PArtner 2014 Knowledge PArtner Project of the Year Awards PArtner 2014 Platinum PArtners Gold Parnter supporting PArtner Digital Partner Silver Partners 7TH GLOBAL 9:00 TUESDAY JUNE 10, 2014 SPECIAL BREAKFAST INFRASTRUCTURE

More information

COLOMBIAN CLIMATE CHANGE MITIGATION GROUP MINISTRY OF ENVIRONMENT, HOUSING AND TERRITORIAL PLANNING

COLOMBIAN CLIMATE CHANGE MITIGATION GROUP MINISTRY OF ENVIRONMENT, HOUSING AND TERRITORIAL PLANNING COLOMBIAN CLIMATE CHANGE MITIGATION GROUP MINISTRY OF ENVIRONMENT, HOUSING AND TERRITORIAL PLANNING Ministry Ministerio of Environment, de Ambiente, Housing Vivienda y and Desarrollo Territorial Territorial

More information

Buses híbridos en SERIE actualizables a 100% eléctricos con propulsión Siemens Presentación Bus HIGER con componentes SIEMENS Cartagena / Barranquilla

Buses híbridos en SERIE actualizables a 100% eléctricos con propulsión Siemens Presentación Bus HIGER con componentes SIEMENS Cartagena / Barranquilla Supporting cities in going full electric Buses híbridos en SERIE actualizables a 100% eléctricos con propulsión Siemens Presentación Bus HIGER con componentes SIEMENS Cartagena / Barranquilla Unrestricted

More information

JOSE EDUARDO GOMEZ-GONZALEZ

JOSE EDUARDO GOMEZ-GONZALEZ JOSE EDUARDO GOMEZ-GONZALEZ Work Address: Carrera 7 14-78 Piso 11, Bogota, Colombia Telephone: (571) 3430359 E-Mail Address: jgomezgo@banrep.gov.co Fields of Specialization: Financial Economics; Macroeconomics;

More information

Power Sector Colombia

Power Sector Colombia Power Sector Colombia May 2014 Produced by: - 1 - Table of Contents I. Sector Overview 1. Sector Highlights 2. Main Sector Indicators 3. Power Sector Forecast 4. Electricity Demand, Capacity Forecast 5.

More information

Analyst Day. Energy That Powers Life

Analyst Day. Energy That Powers Life Analyst Day Energy November 24, 2014 01/01/2005 01/07/2005 01/01/2006 01/07/2006 01/01/2007 01/07/2007 01/01/2008 01/07/2008 01/01/2009 01/07/2009 01/01/2010 01/07/2010 01/01/2011 01/07/2011 01/01/2012

More information

The future of oil refining refining in in Europe Europe

The future of oil refining refining in in Europe Europe The future of oil refining in Europe BP Forum The future of oil refining in Europe 2 The future of oil refining in Europe In recent years Europe s refining sector has been hardpressed by a combination

More information

Energy subsidies in Galapagos Carlos Jácome

Energy subsidies in Galapagos Carlos Jácome Energy subsidies in Galapagos Carlos Jácome Ministry of Energy and Mining - ERGAL Project, UNDP Renewable Energy for Galapagos In the last few years, the geographical isolation of Galapagos and the resulting

More information

Energy efficiency is a priority for the Russian Federation in its energy policy

Energy efficiency is a priority for the Russian Federation in its energy policy Energy efficiency is a priority for the Russian Federation in its energy policy Mikhail Soloviev Geneva, 7-9 October 2009 Purpose and Principles of Government Energy Policy Purpose: most efficient use

More information

Laszlo Varro Head of Gas Coal and Power Markets International Energy Agency

Laszlo Varro Head of Gas Coal and Power Markets International Energy Agency Laszlo Varro Head of Gas Coal and Power Markets International Energy Agency Bcm Global gas demand increases amid growing uncertainties 160 140 120 100 80 60 40 20 0 Incremental gas demand by region, 2014-2020

More information

Regional Energy Efficiency Program

Regional Energy Efficiency Program Regional Energy Efficiency Program Mauricio Garrón B Senior Specialist Energy Vicepresidency October 2014 Content The program is part of a new energetic agenda currently carried out by 8 regional agencies

More information

CNG IN PAKISTAN. Zafar Shakoor PEESE, 308294

CNG IN PAKISTAN. Zafar Shakoor PEESE, 308294 CNG IN PAKISTAN Zafar Shakoor PEESE, 308294 Contents 2 I. Energy overview in Pakistan. II. III. IV. What is CNG ( advantage and disadvantage). Use of CNG( Technology). CNG worldwide. V. CNG in Pakistan.

More information

Options for South-South cooperation on transport NAMA s Large Commercial Vehicles Renovation Experiences in Colombia and México

Options for South-South cooperation on transport NAMA s Large Commercial Vehicles Renovation Experiences in Colombia and México Options for South-South cooperation on transport NAMA s Large Commercial Vehicles Renovation Experiences in Colombia and México Holger Dalkmann and Dario Hidalgo EMBARQ Hilda Martínez, Sayel Cortés, Gabriela

More information

NO MATH = A GEOLOGIST = A REAL JOB? Understanding Energy Flow and Policy Issues: The Pacific Rim. The World at Night. Global Population Distribution

NO MATH = A GEOLOGIST = A REAL JOB? Understanding Energy Flow and Policy Issues: The Pacific Rim. The World at Night. Global Population Distribution NO MATH = A GEOLOGIST = A REAL JOB? Understanding Energy Flow and Policy Issues: The Pacific Rim Stanford University Global Distribution Of Oil, Gas and Coal Dr. Nahum Schneidermann ChevronTexaco Overseas

More information

Trends in electricity prices and their relation to the competitiveness and efficiency in EU countries

Trends in electricity prices and their relation to the competitiveness and efficiency in EU countries International Conference on Renewable Energies and Power Quality (ICREPQ 15) La Coruña (Spain), 25 th to 27 th March, 2015 exçxãtuäx XÇxÜzç tçw céãxü dâtä àç ]ÉâÜÇtÄ(RE&PQJ) ISSN 2172-038 X, No. 13, April

More information

Crude Oil and LNG Exports

Crude Oil and LNG Exports Crude Oil and LNG Exports Yale Alumni in Energy Conference April 2015 Claudia Duncan Crude Oil Export Policy - History 1920: Mineral Leasing Act Endows federal government with authority to manage exploration

More information

Photovoltaic in Mexico Recent Developments and Future

Photovoltaic in Mexico Recent Developments and Future Photovoltaic in Mexico Recent Developments and Future Rodolfo Martínez Strevel Berlin, Germany May 23th, 2013 Bufete de Tecnología Solar, S.A. (BUTECSA) Production of Primary Energy in Mexico, 2011 % 7,0

More information

Fitch Ratings / Press Release

Fitch Ratings / Press Release Fitch Ratings / Press Release NOTE: For all purposes, the original document is in the Spanish language; the following is just an illustrative translation. Also note that the original document has graphs

More information

National Forum on Renewable Energy Regulation

National Forum on Renewable Energy Regulation National Forum on Renewable Energy Regulation Success factors for PPAs in Mexico Shirley Wagner Legal Directora Jurídica Acciona Energía México March 7, 2012 1 Content 1. Acciona Energía 2. Energy System

More information

State Tax Perspective on Biodiesel

State Tax Perspective on Biodiesel State Tax Perspective on Biodiesel FTA Motor Fuel Tax Annual Meeting Albuquerque, NM October 10, 2006 IOWA Most soy oil plants Most ethanol plants Most soy oil produced for biodiesel Most ethanol produced

More information