Exmar secures floating LNG storage unit deal with Colombia

Exmar has signed contracts with Regasificadora Del Pacífico (RDP) for the deployment of a floating storage unit (FSU) on Colombia’s Pacific coast.
RDP is developing a fast-track LNG import solution in the inner bay of Buenaventura under a term contract with Ecopetrol signed in February 2025.
The agreement was formalised in Eemshaven, the Netherlands, during a visit by Colombian stakeholders to the EemsEnergyTerminal facility, where Exmar’s Eemshaven LNG FSU is currently in operation.
The arrangement covers regasification and logistics services for a volume of 60 million cubic feet per day (MMCFD) of gas (1.7M m3/d).
Under the scheme, LNG will be discharged from carriers into isotainers (or International Organisation for Standardisation (ISO)-approved tank), barged to the port of Buenaventura, then loaded onto road trucks for transport to the regasification plant in Buga, where the gas will enter the National Transport System.
Exmar will lease the FSU to RDP, and its operation and maintenance teams will manage the unit under a five-year firm contract, with options to extend.
The parties anticipate lifting all customary conditions precedent, including the final investment decision, in Q4 2025.
Exmar CEO Carl-Antoine Saverys said “Exmar is excited to embark on this journey with the experienced project development teams of the RDP group. We are confident that the combined strengths of Exmar’s expertise and RDP’s project development experience in Colombia will offer an innovative LNG import solution.”
RDP president Oscar Isaza said “The signing of this contract not only marks a milestone for RDP as a maritime logistics company, but it is even more significant and decisive to have the endorsement of more than 60 community, union, educational, and institutional leaders from Buenaventura and Buga. For RDP, it is essential to partner with EXMAR to coordinate and implement the project in a responsible way.”