Ecopetrol (NYSE: EC) officially opened the contracting process for the logistics and regasification services associated with its new liquefied natural gas (LNG) terminal in Coveñas, Sucre, one of the country’s most strategic energy hubs on the Caribbean coast.
After several days of maintenance and a brief technical setback, Sociedad Portuaria El Cayao (SPEC LNG) announced the full restoration of regasification operations at its Cartagena terminal, confirming that natural gas supply to the National Transportation System (SNT) has returned to normal.
On Colombia’s Caribbean coast, the Coveñas maritime terminal serves as the beating heart of the country’s oil exports, a complex that moves between 90% and 95% of all crude shipped abroad.
Norte de Santander is setting its sights on becoming a regional energy and logistics hub, with plans for a modular refinery operating under a free trade zone regime, major highway improvements, and a freight train to connect the department with the Caribbean coast.
A new government proposal to apply VAT to ethanol and biodiesel could undermine Colombia’s progress toward cleaner fuels and climate goals.
As Colombia edges closer to a natural gas shortfall projected for 2026, a new clash has emerged over how to prevent it. The state-controlled Ecopetrol has rejected, for now, a proposal from Transportadora de Gas Internacional (TGI) to jointly build a regasification terminal in La Guajira, opting instead to prioritize its own project in Coveñas, Sucre.
The Petro administration has taken another step toward reshaping Colombia’s fuel market, this time targeting the long-standing pricing formula for biofuels.
Ecopetrol (NYSE: EC) confirmed a major step forward in Colombia’s efforts to secure new gas supplies: its contractor Regasificadora del Pacífico S.A.S. signed an agreement with Belgian shipping company Exmar for a floating storage unit (FSU) in Buenaventura.
Ecopetrol (NYSE: EC) has thrown its weight behind a key shift in Colombia’s energy policy: increasing the blending of biodiesel and ethanol in fuels, while also betting on sustainable aviation fuel (SAF) produced from palm oil.
Colombia’s long-awaited Pacific regasification plant has taken a major step forward, as Ecopetrol (NYSE: EC) announced the involvement of Belgian shipping group Exmar in the project’s construction.
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