Project Profile
Value: Undisclosed
Location: El Viajano, province of Cordoba, Colombia
Capacity: 180,000 GPD each (approximately 330 MT per Train)
Start-up Year: 4Q 2013
IAHL Corporation through its subsidiary Altenesol LLC and Altenesol Colombia S.A.S. have completed both the front end engineering design study and finalized the acquisition of the land upon which the Nataly I LNG plant will be built in Colombia. The plan calls for producing LNG at the Nataly 1 plant, transporting the LNG to customers and then re-gasifying the LNG at each customer\'s location.
The Nataly I LNG Plant is located in El Departamento de Cordoba Colombia, this project encompasses the development of a 360,000 GPD LNG plant to supply the region of the Uraba Antioqueno (el eje Bananero), other regions of the Atlantic coast of Colombia which are away from the pipeline infrastructure as well as surrounding countries in Central America, South America and the Caribbean by means of Cryogenic ISO containers.
The LNG will be sold to the distributors who will sell it to the end users from a centralized regasification location. The distributors will purchase the LNG and a third party LNG transportation company (a Contract Carrier) will deliver it to the regasification stations at each client. The NG supply by the producer encompasses a 15 year “Take-or-Pay” contract providing 35 MMSFCD of which 30 MMSCFD will be utilized to produce the required 360,000 GPD and 5 MMSCFD will be utilized to generate the required electrical power utilizing Direct Drive Turbines configuration. The construction process has moved to the right, based on new plant configuration and additional NG requirement, from 2014-2015 to 2015-2017.
The 360,000 GPD production will be accomplished under two Trains configuration of 180,000 GPD each (approximately 330 MT per Train). The LNG from Train 1 has been committed under long-term contracts to serve distribution in Colombia and outside Colombia. The LNG for Train 2 is being negotiated under a 15 years TOP contract with an international LNG distributor for small electric power generation outside Colombia. Train 2 commissioning is expected 14 months after Train 1 commissioning.
Operators:
IAHL Corporation (through its subsidiary Altenesol LLC): Operator with 100% interest
Contractors:
AMCS Corporation: Lump Sum Turnkey (LSTK) Equipment Procurement and Construction (EPC) plant supplier
Geoproduction Oil and Gas Company (wholly-owned subsidiary of Shona Energy Company Inc.): Supplier of gas for the plant