Colgas to invest $70 million as Colombia seeks LPG supply boost

Abastible’s Colombian subsidiary plans to expand LPG import capacity in Cartagena by up to 32,000 tonnes per month amid growing natural gas shortages.

Colgas, the Colombian subsidiary of Abastible, has unveiled a $70 million investment plan for 2026 that includes expanding liquefied petroleum gas (LPG) import capacity at its Cartagena terminal by up to 32,000 tonnes per month.

The project aims to strengthen energy supply security as Colombia faces a widening natural gas deficit. According to the company, the additional capacity will support greater availability of LPG, which is increasingly being considered as an alternative energy source for industrial and commercial customers.

The Cartagena expansion is part of what Colgas describes as the largest investment program in its history. The initiative also includes upgrades to processing plants, new customer infrastructure, fleet renewal, and further development of its LPG autogas station network. Investments in solar energy solutions are also planned.

Didier Builes, General Manager of Colgas, said the company is seeking to position LPG as a long-term component of the country's energy mix rather than a temporary solution. “LPG should not be viewed as a temporary contingency measure, but rather as a structural complement to the energy mix,” explains Builes.

In line with that strategy, Colgas expects to double its sales during 2026 and expand its presence in the industrial sector. The company sees growing opportunities for LPG as businesses seek reliable energy sources amid concerns over natural gas availability.