Ecopetrol’s president, Ricardo Roa, addressed the ongoing energy crisis affecting Colombia, mainly driven by drought and low reservoir levels, and confirmed measures to prioritize natural gas supply for thermoelectric plants over vehicles.
Nidia Hernández, President of Colfecar, one of the largest freight transport associations in Colombia, expressed concern over the rising costs faced by the transport sector, which she claims are threatening its stability.
Ecopetrol (NYSE: EC) reported contracting goods and services during the first half of 2024.
The recent suspension of activities at the Uchuva 2 gas well in the Tayrona Block raised significant concerns about Colombia’s energy security.
The government released a draft resolution aimed at updating guidelines for geological information and subsurface cartography, with broader implications for energy policy, disaster risk management, and the country’s sustainable development.
In response to the recent agreement between the Colombian Government and leaders of the truckers’ strike, the National Federation of Fuel and Energy Distributors (Fendipetróleo) and the Confederation of Fuel and Energy Retail Distributors (Comce) called for three conditions to prevent fuel stations from being negatively impacted by decisions made.
Colombia’s energy and natural gas companies are raising alarms over the government’s failure to allocate sufficient funds for energy and gas subsidies.
The uncertainty surrounding Colombia’s gas supply continues to spark concern, particularly regarding the country’s inadequate infrastructure to handle potential gas imports.
The National Association of Power Generators (Andeg) raised concerns over the potential impact of proposed changes to Colombia’s carbon tax, which could significantly raise energy costs for consumers.
Sandra Fonseca, executive director of Asoenergía, urged the Colombian government to prioritize natural gas resources to prevent a fuel crisis by 2025.
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