A new project to increase LPG shipments into Colombia looks set to boost VLGC demand.

Toronto-listed Frontera Energy and Chile’s Empresas Gasco are teaming up to establish a new import and storage facility at the port of Puerto Bahia’s “state-of-the-art” liquids and dry cargo terminal, located in the Bay of Cartagena.

The companies will handle the construction and operation of the project, which is expected to be in service by 2027.