Colgas, a key player in Colombia’s liquefied petroleum gas (LPG) sector, has announced a US$60 million investment to build a new import terminal.
The project is designed to alleviate a growing supply deficit in the domestic market, ensuring a steady flow of LPG for industrial and automotive use.
The move comes as the company scales up its strategy to convert thousands of vehicles to AutoGLP, positioning the fuel as a cost-effective alternative to gasoline amid rising energy prices.
By securing dedicated import capacity, Colgas aims to decouple its growth trajectory from domestic production constraints.
This infrastructure development underscores the structural shift in Colombia’s energy landscape, where demand for alternative fuels is outpacing local supply capabilities.
The terminal will likely enhance supply chain resilience for the broader LPG sector, reducing reliance on ad-hoc imports.