EUR/USD 1.16993
-0.342%
Gold 4693.60
-0.456%
Oil 98.451
-0.264%
USD/JPY 157.834
0.143%
GBP/USD 1.35206
-0.140%
GBP/JPY 213.406
0.007%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Yue Yuen Group (00551.HK): Net profit for the first quarter of 2026 was US$35.2 million, a decrease of 53.6% year-on-year.Yue Yuen Group (00551.HK): Revenue for the first quarter of 2026 was US$1.985 billion, down 2.2% from US$2.03 billion in the same period last year.On May 13th, it was announced that the DeepSeek-V3-0324 (including dedicated concurrency), DeepSeek-V3.1-Terminus, and DeepSeek-R1-0528 (including dedicated concurrency) models on Tencent Clouds Intelligent Agent Development Platform will no longer be supported starting at 10:00 AM Beijing time on May 22, 2026. Simultaneously, we are providing new model versions that offer comparable or better performance and lower inference latency compared to the older versions.On May 13, the Legislative Council of the Hong Kong Special Administrative Region (HKSAR) passed the "Taxation (Amendment) (Tax Relief, Special Deductions and Exemptions) Bill 2026" to implement the tax relief measures proposed in the 2025 Policy Address and the 2026-27 Budget. The HKSAR Government welcomes this measure. The passed legislation will be gazetted on May 22. The one-off tax relief, increased exemptions and tax deductions will be reflected in the taxpayers final tax payable for the 2025/26 tax year and the tax payable for the 2026/27 tax year, respectively.Eurozone March industrial production month-on-month rate, first quarter GDP annual rate revised figure, and seasonally adjusted employment quarter-on-quarter rate preliminary figure will be released in ten minutes.

In Colombia, natural gas consumption has outpaced production

Charlie Brooks

Jun 28, 2022 11:31


According to our most recent Colombia Country Analysis Brief, Colombia imported 14,2 billion cubic feet (Bcf) of natural gas to help meet its natural gas demand for electricity in 2020, when a drop in hydroelectric power was caused by drought.


In 2020, hydroelectricity will contribute to around 65% of Colombia's electrical generation, down from nearly 80% in earlier years. Since hydropower is Colombia's principal energy source, droughts may have a significant effect on the country's electrical producing mix.


The bulk of natural gas used in Colombia is produced domestically and employed to create electricity. In recent years, imports have progressively bridged the gap between domestic natural gas production and domestic demand. In 2020, Colombia produced 399 Bcf of dry natural gas, while domestic consumption was 413 Bcf.


Concerns over the reliability of the nation's electricity supply prompted the Colombian government to approve the Sociedad Portuaria El Cayao (SPEC) LNG import plant in November 2014. The facility started operations in November 2016. The administration has since proposed the Pacific Regasification LNG terminal as the nation's second LNG import plant.


EPM is currently developing the new hydroelectric dam project Ituango. The first of eight 300-megawatt generating units will commence operating in the second part of 2022. The whole project will have a capacity of 2.4 gigawatts when it is finished in 2025. If completed, the Ituango project would be the largest hydroelectric power plant in Colombia in terms of generating capacity. In 2020, the installed electrical production capacity of Colombia was 17 gigawatts.

Suggestion