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The debate over gas prices in Colombia has sparked controversy, with conflicting narratives from gas distributors and the government.

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.

Ecopetrol (NYSE: EC) initiated the commercial process for selling available natural gas for the coming years, sourced from the Cusiana, Cupiagua, and Cupiagua Sur fields in the Casanare department of Colombia.

The ongoing debate over Colombia’s natural gas supply has long been a tug-of-war between the national government and energy sector leaders.

Following Vanti’s announcement of a 36% increase in gas bills for users in Cundinamarca, various sectors have responded, alleging possible speculation by gas distributors.

In recent hours, Vanti announced a significant increase in residential natural gas tariffs, with prices rising by up to 36%.

Vanti confirmed a 36% increase in natural gas tariffs starting in February, impacting residential, commercial, and industrial users across Bogotá, Medellín, Bucaramanga, Villavicencio, Manizales, Pereira, Armenia, Ibagué, Neiva, and Yopal, among other cities.

We had planned to write about gas prices this week anyway but then on Friday, February 7^th, one of the country’s biggest gas distributors, Vanti, said prices in some areas would have to go up by 36%. That got everyone’s attention

Natural gas production was down again in December of 2024, according to the figures posted on the ANH’s website.

The Energy and Gas Regulatory Commission (CREG) issued a draft resolution aimed at facilitating the transportation of natural gas by utilizing underused or soon-to-be decommissioned infrastructure.