The Ministry of Mines and Energy formally issued a resolution on June 13 activating a preventive supply protection plan for the scheduled maintenance of the SPEC LNG regasification terminal in Cartagena, set to run from July 30 to August 3, 2026.
Presidential candidate Abelardo De la Espriella released a gas policy document on June 11 outlining his administration’s approach to resolving Colombia’s looming supply deficit, with vice-presidential candidate and former minister José Manuel Restrepo serving as the technical face of the proposal.
Or the dominance of Ecopetrol in Colombian statistics means what it does pulls the national conclusions. In any event, 2025 was another weak year for exploration and discoveries. Sharp pencils and improved recovery saved ECP’s reserves from falling.
Elevated Brent crude prices driven by sustained Middle East tensions are handing Colombia a significant fiscal windfall in 2026.
Colombia’s oil and gas industry association, the ACP, has issued a public alert over a work stoppage that began June 5 at production fields in Puerto Gaitán, Meta, organized by members of the metalworking trades.
The Petro administration has announced the reactivation of the former Impala terminal in Barrancabermeja under a new name — Puerto Voluntad — with operations set to begin July 1.
Colombia’s May 2026 headline inflation rose to 5.84%, according to DANE, with the main drivers in rental housing, water supply, food, and restaurants. Within the utilities subcomponent, however, gas performed strikingly differently: residential gas prices rose just 0.45% month-on-month, contributing a negligible 0.01 percentage points to overall inflation.
The Colombian stock market became briefly the best-performing bourse in the world on June 1, with the MSCI Colcap index surging around 6% in early trading after Abelardo de la Espriella topped the presidential first round with 43.7% of the vote, a margin well above what Wall Street consensus had expected.
Liquefied petroleum gas (LPG) — the propane-butane blend sold in cylinder form in Colombian homes — is emerging as an increasingly strategic energy source at precisely the moment the country’s natural gas supply is under the greatest pressure it has faced in years.
Colombia’s crude oil exports hit their highest level since July 2022 in April 2026, reaching US$1.62B for the month — a surge driven not by increased output but by Iran War-driven price strength in international markets.
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