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The Swiss government says the current plan remains for the United States and Iran, along with Pakistan, Qatar and other relevant countries, to hold preliminary talks on the implementation of the peace agreement on Friday in Bilgenberg.On June 18, Sun Lei, Chinas Deputy Permanent Representative to the United Nations, delivered a general statement at the 36th Meeting of States Parties to the United Nations Convention on the Law of the Sea on June 17, clarifying Chinas position on the renewed hype surrounding the so-called "South China Sea Arbitration Case" by certain countries. Sun Lei emphasized that this meeting was not a suitable forum for discussing the South China Sea issue, but China had to clarify its solemn position regarding erroneous claims. The "South China Sea Arbitration Case" violates the principle of "state consent." The "arbitral tribunal" exceeded its authority and rendered a wrongful judgment; its "award" is illegal and invalid. The "arbitration case" is a political provocation disguised as law, aimed at denying Chinas territorial sovereignty and maritime rights in the South China Sea. China has never accepted or recognized this "award," and Chinas territorial sovereignty and maritime rights in the South China Sea are unaffected by it under any circumstances.The UK unemployment rate was 4.46% in May, up from 4.40% in the previous month.Switzerlands trade balance in May was 6.11 billion Swiss francs, compared with 3.098 billion Swiss francs in the previous month.The UKs ILO employment figure for the three months ending in April was 100,000, below the expected 75,000 and the previous figure of 148,000.

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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