LNG Commercial Information
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LNG Commercial Information
Sep 9, 2025
Dear Sirs,
Ecopetrol S.A. is pleased to invite you to participate in this non-binding Request for Quotes (RFQ) process for the supply of Liquefied Natural Gas (LNG), under the following commercial terms:
- Buyer: Ecopetrol S.A.
- Seller: Please specify
- Delivery Terms: DES
- Discharge Port: Buenaventura area (Pacific coast), Colombia. The designated discharge port is located in the Buenaventura area, on Colombia’s Pacific coast. The LNG import terminal is currently under development and is expected to feature a Floating Storage Unit (FSU) as the primary receiving facility. The FSU will be moored offshore.
- Annual Contract Quantity (ACQ): Aprox. 22 TBtu (equivalent to 60 million standard cubic feet per day of natural gas)
- Cargo Size: The FSU will have a storage of 138,000 m3 of LNG
- Delivery profile: Rateable deliveries throughout the contractual year, subject to a standard Annual Delivery Program (ADP)
- Contract term: 5 years
- Start Date: August 01st 2026
- Price: Please refer your indicative quote indexed to Henry Hub (HH) as a preference, but open to receive offers indexed to other markers
- Seller´s failure to deliver: Please specify the applicable percentage compensation in case of non-delivery
- Payment Terms: Please specify the Seller’s preferred payment terms, including any conditions related to invoicing, credit period, and payment method.
- Vessel Compatibility Requirements: Given that the LNG import terminal is currently under development and will feature a Floating Storage Unit (FSU), the Seller is kindly requested to specify the vessel standards and compatibility assumptions considered for delivery, including any operational constraints or technical requirements relevant to the FSU configuration.
- Quality specifications (LNG must meet the following once regasified):
|
Specifications |
International System |
English System |
|---|---|---|
|
Maximum Gross Heating Value (GHV) (Note 1) |
42.8 MJ/m³ |
1,150 BTU/ft³ |
|
Minimum Gross Heating Value (GHV) (Note 1) |
35.4 MJ/m³ |
950 BTU/ft³ |
|
Liquid Content (Note 2) |
Free of liquids |
Free of liquids |
|
Maximum Total H₂S Content |
6 mg/m³ |
0.25 grain/100 SCF |
|
Maximum Total Sulfur Content |
23 mg/m³ |
1.0 grain/100 SCF |
|
Maximum CO₂ Content (% volume) |
2% |
2% |
|
Maximum N₂ Content (% volume) |
5% |
5% |
|
Maximum Inert Content (% volume) (Note 3) |
5% |
5% |
|
Maximum Oxygen Content (% volume) |
0.1% |
0.1% |
|
Maximum Water Vapor Content |
97 mg/m³ |
6.0 lb/MMBtu |
|
Maximum Delivery Temperature |
49 °C |
120 °F |
|
Minimum Delivery Temperature |
7.2 °C |
45 °F |
|
Maximum Dust and Suspended Material Content (Note 4) |
1.6 mg/m³ |
0.7 grain/1000 SCF |
|
Wobbe Index (Note 5) |
Between 46.6 MJ/m³ and 52.7 MJ/m³ |
Between 1250.0 BTU/ft³ and 1414.7 BTU/ft³ |
Note 1: All data regarding cubic meters or cubic feet of gas are referenced to Standard Conditions.
Note 2: Liquids may include: hydrocarbons, water, and other contaminants in liquid state.
Note 3: Inert content is considered as the sum of CO₂ and nitrogen contents. Oxygen is considered a contaminant.
Note 4: The maximum particle size must be 15 microns.
Note 5: Calculated using the gross heating value on a volumetric basis under the standard conditions and the actual relative density under the same standard conditions.
Kindly submit your non-binding quote by 17th of September 2025, before 17:00 hrs Houston time, based on market close of September 16th 2025.
The non-binding quote should be addressed to the following e-mails: luis.tarazonabr@ecopetrol.com.co, alvaro.casanova@ecopetrol.com.co and juan.zalamea@ecopetrol.com.co
We kindly request to fill and sign the Money Laundering, Terrorist Financing and Financing of the Proliferation of Weapons of Mass Destruction risk Prevention Form and send along with your indicative quote.
