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Tuesday, May 26th, 2026

Promigas’s Q1 2026 investor presentation reveals that the SPEC LNG regasification terminal in Cartagena is carrying a larger share of Colombia’s gas system than any previously published figure had indicated — and that the company is moving to expand its capacity before the end of the year.

Recent News

Former minister suggests declaring economic emergency over gas and power

Juan Camilo Restrepo, a former minister in various portfolios under various governments, has warned that Colombia’s converging gas supply and electricity challenges could require the government to invoke a constitutional economic emergency — a measure last used in the 1990s to bail out the country’s struggling power companies during the Gaviria-era rationing crisis.

Monday, May 25th, 2026
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MinEnergía proposes contingency measures for SPEC LNG maintenance window

MinEnergy has published a draft resolution laying out measures to protect natural gas supply and electricity system reliability during the scheduled maintenance of the SPEC LNG regasification terminal in Cartagena, planned for a five-day window between July 30 and August 3, 2026.

Monday, May 25th, 2026
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Colombia’s final polls: a tale of two methodologies

Colombia enters its May 31 presidential first round with four polling firms pointing in the same general direction — Iván Cepeda first, Abelardo de la Espriella second, Paloma Valencia third — but diverging so sharply on margins that they imply fundamentally different results.

Monday, May 25th, 2026
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A “Super El Niño” is coming soon

So earnings season comes to an end and, apart from a few special charges, a generally positive one. Brent over US$100/bl will do that. But, unsurprisingly perhaps, that is not what people are talking about

Monday, May 25th, 2026
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Colombia’s extractive industry trade surplus widens

Colombia’s extractive industry trade surplus widens

We found an article about hydrocarbons imports but that was only updated to February and didn’t say much about why things were the way they were. We were inspired to go back to the source data in DANE, Colombia’s statistical institute and update our trade balance chart.

Friday, May 22nd, 2026
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Petro assails Ecopetrol’s gas demand in “mega El Niño” broadside

President Gustavo Petro launched a wide-ranging attack on Ecopetrol, political opponents, and business sectors in an extended post on X, centering his fire on what he described as the state oil company’s refusal to reduce its gas demand in the face of an accelerating climate crisis.

Thursday, May 21st, 2026
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