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July 26 - Queensland, Australia, confirmed a case of highly pathogenic H5N1 avian influenza on July 25. This is the fourth state in the country to confirm a case of H5N1 avian influenza since June.July 26 - Japanese media reported on the 25th that the temperature in Mie Prefecture in central Japan reached 40.2 degrees Celsius that afternoon. This marks the fifth consecutive day that Japan has experienced temperatures above 40 degrees Celsius, setting a new record for the longest such streak since records began in 2010.The Korea Automobile and Mobility Industry Association (KAMA) predicts that domestic car sales in South Korea will increase by 2.7% year-on-year in the second half of the year, reaching 865,000 vehicles, with total sales for the year reaching 1.71 million vehicles.July 26th - According to the website of the China Maritime Safety Administration, the Dalian Maritime Safety Administration issued a navigation warning: From 8:00 on July 27th to 17:30 on July 29th, live-fire exercises will be conducted in parts of the northern Yellow Sea; entry is prohibited.On July 26, South Korean President Lee Jae-myung stated that relations between South Korea and South America are entering a "new phase," and that South Korea will push forward negotiations on a free trade agreement with Mercosur and strengthen cooperation in key mineral resources. Lee stated, "Mercosur member states possess world-leading agricultural, food production, energy, and key mineral resources; while South Korea has global competitiveness in advanced manufacturing, digital technology, shipbuilding, the battery industry, and innovation." He added, "By integrating our respective strengths, we can build a robust and resilient industrial and supply chain that benefits both regions." He also emphasized that negotiations on a free trade agreement between South Korea and Mercosur will be restarted. Lee stated that South America possesses abundant reserves of key minerals, while South Korea possesses advanced technology, industrial experience, and investment capabilities; together, they can build a stable supply chain, cultivate emerging industries, and create high-quality jobs that benefit both regions.

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.

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