29 March 2024
Pacific Rubiales finances underpinned by Colombian LNG project
Publication date: 09 August 2012
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Canadian energy company Pacific Rubiales (PR) said on Wednesday that its finances had been bolstered by “significant strategic steps” during visual_editor01visual_editor, including plans to export LNG from northern Colombia. CEO Ronald Pantin said this would be the first such project in Colombia, “allowing us to accelerate and unlock value from our large natural gas reserves and resources in the country”. This came despite a dip in net earnings during Qvisual_editor ‘1visual_editor to $visual_editorvisual_editor4.3 million, down from nearly $349.4 million during the same period last year.