How the consolidation of natural gas mains pipelines will ease the eventual deficit | Vitality

this Energy and Gas Regulatory Commission (Creg) A series of resolutions were proposed to the market, through which Capable of constructing a series of natural gas transmission projects. These measures are intended to improve the reliability conditions of the system and have been proposed by the company itself for some time.

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The entity reported that some of these solutionsAllowing for bidirectional works on coastal and inland transport systems Its authorization is crucial in the face of gas shortages that could occur as early as 2025.

Aspects of Creg that make these expansions possible include economic factors have been requested as this allows them to recoup the required investment.

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Regulators say New regulations create revenue streams to pay for infrastructure works The project has been approved by the Ministry of Mines and Energy in the gas supply plan. Therefore, it will be possible to advance Bidirectionality and interconnection of the Barrancabermeja-Vallena and Vallena-Barranquilla sections Between these points.

this The first of these efforts will be undertaken by TGIGEB, a subsidiary of GEB, has expressed its irrevocable willingness to carry out this work.

In the same way, The revenue stream has been approved for the interconnection of the Ballena system, which will be built by Promigás, They have also expressed their irrevocable willingness to carry this work forward.

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Finally, another infrastructure is needed to complete all the operations required for bidirectional projects between systems. The bidirectionality of the Barranquilla-Balena section, Promigas presented its intention last ThursdayInvestment in this infrastructure can be disinvested.

The company noted The construction period of the project is 36 months. Therefore, due to Investing $330 billion.

So that the company can recoup its investment, Commission approves 20-year regulatory revenue plan.

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The works developed by TGI and Promigas will be realized in 2027 The flow rate is about 170 million cubic feet per day. Allowing energy to flow from markets where it is available to markets where it is needed.

This is exactly what Frank emphasized. Pearl, President of the Colombian Petroleum and Gas Association (ACP).These projects will eventually generate a surplus for the Caribbean region The demand in the hinterland region can be considered, and the region is expected to have a deficit balance in the short term.”.

Relevance and cost

The gas supply plan put forward by the Mining and Energy Planning Department (Upme) stressed that the works would provide the system with “Conditions Reliability, resilience, operational flexibility, adaptability to growth and changes in demand,Reduce outages, optimize resources and support coverage, and more”.

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Given that this will allow the gas supply needed to support demand The result of natural reduction of supply sources in the eastern plains.

The document states If rationing is implemented, energy costs will be higher in the western region, namely Cauca and Valle del Cauca. Under rationing, the cost of providing energy to the residential sector is $4,703.82 per cubic meter. Next is the central region, with a price of $4,194.12 per cubic meter, namely Bogota, Cundinamarca, Casanare, Meta and the Boyacá-Santander natural gas pipeline..

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“It is noble andThe risk of shortages in inland areas is not only due to insufficient national supply, but also due to limited transportation capacity. Natural gas between two regions” said the technical study of the supply plan.

Upme analysis suggests that this will be The Caribbean is a region with lower rationing costs due to lower disruption costs. In this case, the cost of natural gas per cubic meter in the residential sector is $3,063.4.

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that’s why Progress in system work is important as it will give the system greater flexibility in response Some areas are facing natural gas shortages.

Pearl pointed out that “Such works not only give Necessary information for system reliability and supply assurance, But they can also positively stimulate national gas supplies, which could be boosted by greater connectivity between markets.”.

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Other tasks and decisions

In addition to the resolution proposed by Creg, the expansion of the capacity of the Mariquita-Guarandai section and the Jamundi-Valle del Cauca branch is also sought. These works will also be carried out by TGI, which has committed to developing them and which are also defined in the Upme supply plan.

In addition, the regulator reported that adjustments were made to the method of remuneration for gas transportation (CREG Resolution No. 175 of 2021), aimed at avoiding premature replacement of infrastructure.

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“Adjustments to the methodology Avoid premature infrastructure replacement And new decisions to speed up the implementation of gas supply planning projects Will increase investment and ensure the reliability of natural gas As an energy source to help narrow the social and poverty gaps in the country“TGI President Mónica Contreras said.

However, Pearl pointed out that supervision must be Optimize the remuneration method for natural gas transportation, “Because under the current mechanism, moving gases between regions can be more expensive than moving the same molecules“.

Daniela Morales Soler
Portfolio Reporter