LNG plant to be constructed in Colombia

To undertake this initiative, Altenesol Colombia S.A.S. has formed an alliance with companies which are or will become involved in the LNG sector in Colombia to expand the market and work together to bring the fuel to both the corporate and private sectors in Latin America. There has been a high level of interest for LNG from a number of entities in Colombia and other countries.

Some of the companies involved in the partnership are Kenworth de la Montaña (authorized Paccar dealer in Colombia which will be instrumental in future conversions of existing trucks in the country), Gecolsa (authorized Caterpillar dealer in Colombia that has the service contract with the mining companies, and that will be responsible for installing and maintaining the LNG system for all of the converted equipment in the Colombian mining industry), Westport HD (it will manufacture the conversion kits that go on to all new trucks utilizing the Cummins engines), and Canacol Energy LTD (natural gas supplier for the LNG plant).

“This is a major milestone for our company, our shareholders and the people of Colombia. We have laid a very solid foundation which has taken extra time and work on the front end but will allow us to fast track both additional plants and revenue streams from all aspects of developing this new market. This will directly impact and quicken our goal of moving to a major exchange,” stated Nelson De La Nuez, CEO of IAHL/Altenesol.

Source: Altenesol, LLC