Frontera cinches LNG contract with Ecopetrol to underwrite FSRU lease
Canada’s Frontera Energy Corporation has pivoted to a fully focused, pure-play energy infrastructure company by exiting the exploration and production segment and betting on liquefied natural gas (LNG), liquefied petroleum gas (LPG), and container growth at Puerto Bahía, Colombia.
Frontera Energy has revealed that the completion of the divestiture of its Colombian exploration and production assets to Parex Resources through its wholly-owned subsidiary enables it to formally become a fully focused, pure-play energy infrastructure company.
The firm claims to be uniquely positioned as a focused infrastructure platform within Colombia’s energy value chain anchored by the cash‑flow generation from its ownership in Oleoducto de Los Llanos Orientales (ODL) and a portfolio of strategic projects, bringing additional growth to its subsidiary, Sociedad Portuaria Puerto Bahía (Puerto Bahía), which together provide a differentiated value proposition in the infrastructure space.
Gabriel de Alba, Chairman of the Board of Directors at Frontera, commented: “Frontera has evolved into a focused energy infrastructure
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