Why Natural Gas

Why Natural Gas?

Now:
  • Transition Fuel: Natural gas has long been hailed as a transition fuel from hydrocarbons to renewables. It is the least polluting among the traditional fuels used for cooking and heating.
    • 45% Less Emitting than Coal
    • 30% Less Emitting than Oil

    “Fuel switching from dirty coal and oil applications to clean gas is a proven solution that works now.” Andrea Stegher, Senior Vice President International Gas Union

Future:

Keeping the natural gas option open as an addition to renewable energy will provide innovation scope, diversity in technology development, and choice, due to intermittent nature of renewable energy. 

Why natural Gas in Colombia?

TARGET

Paris Emission Target: 51% reduction in C02 by 2030 symbolizes a move away from Coal

PIPELINE

Robust System of National Pipeline Infrastructure in place to support transition fuel

WIND POWER

Wind Power - Just 1% of the country’s output signifies a slow transition to renewables

HYDRO POWER

Hydro Power – 20-year low in reservoirs has limited hydro to 32% of full capacity

Supply and Demand

PRICE

Macro factors driving a price premium on Natural Gas in country

SUPPLY

A decrease in domestic supply has created a reliance on cost intensive LNG Imports as demand for the transition fuel rises in country.

NG Energy's Mission

MISSION

Make a dramatic impact on the domestic supply of Natural Gas in Colombia; and by doing so, help the country transition away from coal and onto a cleaner energy matrix.

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Latest News

NG ENERGY ANNOUNCES FURTHER CLOSING OF FULLY MARKETED PROSPECTUS OFFERING FOR AGGREGATE GROSS PROCEEDS OF $100,000 AND EARLY WARNING REPORT FILED BY MR. SERAFINO IACONO
May 24, 2022
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NG ENERGY ANNOUNCES CLOSING OF FULLY MARKETED PROSPECTUS OFFERING FOR AGGREGATE GROSS PROCEEDS OF $17,047,000
May 20, 2022
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CONTACT US

E: investors@ngenergyintl.com
P: +1-604-609-6132

NG Energy International Corp
3123 – 595 Burrard Street
Vancouver, BC V7X 1J1