Monday , January 17 2022

The challenges of the gas company that are born from Brookfield Canada



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Gas Natural Fenosa opens its name and its image today

Johnny Giraldo López – [email protected]

In 1987, with the help of the Government, a S.A. Natural Gas ESP, a company responsible for the supply of gas to the capital of the country and neighboring boroughs, having Ecopetrol as its main shareholder. 22 years later, the company completed 1.5 million contacts across the country and acquired by the Spanish Fenosa Union, which is why the word "Fenosa" was incorporated and that is how the company is known. to-day. At present, the company has more than three million contacts and changes to its name and image in relation to ownership change: Brookfield, which owns 54.7% of & # 39; r shares.

Just a few weeks from the start of a new year, this new company has several challenges to assume to fulfill its road map obligations. Here, at least three:

1. Increase the use of gas

With more than three million installations and a network of 22,000 kilometers, Natural Gas has a share of the market of 32% and is eager to increase the use of natural gas in homes by 50%.

"If every household was able to heat the water with gas, and also use it in chimneys or dry clothes, it could drink more than half of what was spent today. Many people say that this resource has reached its peak in the country, however, it is a long way to take advantage of it and its delivery depends on government government assistance, "said Rodolfo Anaya Bello, president of Natural Gas, to # 39; r media.

2. Transmilenio delivery

The company will provide around five million cubic centimeters per year to the massive transportation system in Bogotá, Transmilenio, for the next 10 years. This business means a turnover of almost $ 30,000 million annually.

Despite the fact that the supply and transport contracts have signed, the infrastructure of the backyard to the yard and compression stations need to be constructed so that the project is underway. The investment for these will be $ 20,000 million.

"We're going to build three stations for each yard with dormant equipment and give us enough certainty to our users. Our supplier will be Ecopetrol," added Anaya.

3. Extend attention

Although Gas Natural Fenosa has a large market share in the business, it's barely reach its 8.8 million people. For analysts, this is a low number considering the last census of Dane, showing that there are 13 million homes.

"We need a comprehensive policy of natural gas that creates signs of growth in demand and long-term investment in the country," said President Cabras, president of Naturgas.

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