Thursday, February 20th, 2025
The debate over gas prices in Colombia has sparked controversy, with conflicting narratives from gas distributors and the government.
During the “Economic Perspectives 2025” seminar hosted by ANIF, Finance Minister Diego Guevara outlined key fiscal policy challenges and the government’s strategy to address them. One of the central topics was the future of the Fuel Price Stabilization Fund (FEPC) and potential changes to diesel pricing in Colombia.
French oil and gas company Établissements Maurel & Prom (M&P) announced the finalization of an agreement with NG Energy International Corp. to acquire a 40% operating stake in the SINU-9 gas block in Colombia.
The Minister of Finance (MinHacienda), Diego Guevara, provided the first insights into the upcoming tax reform proposed by the Petro administration.
The Director of Colombia’s National Planning Department (DNP), Alexander López, raised alarms over CoP$16T in missing royalties.
The pundits have started saying nice things about Ecopetrol and the share price has responded positively.
Following Vanti’s announcement of a 36% increase in gas bills, particularly affecting regions like Bogotá, some media outlets suggested that the rise might be artificially induced. However, experts argued that the real causes behind the price surge are gas shortages and transportation challenges, as Vanti has stated.
2025, Hydrocarbons Colombia, All Rights Reserved.
