Everyone in the industry worries about natural gas production falling because that means more imports and higher prices for gas users and for electricity users. So why does it continue to decline?
Colombia has revived a politically charged idea: importing natural gas from Venezuela before year-end.
Gas imports in Colombia fell last month in both absolute and relative terms but that does not mean the issue has gone away.
At the 2nd Offshore Caribbean Forum: Energy and Progress, SPEC LNG, a Promigas Group company operating the regasification terminal in Cartagena, announced an expansion of its liquefied natural gas (LNG) processing capacity.
Colombia’s natural gas industry is preparing a significant boost in investment for 2025.
Colombia is facing a mounting natural gas deficit that has forced the country to rely increasingly on imports, a trend that threatens household tariffs, industrial competitiveness, and long-term energy security.
Ecopetrol announced the expansion of natural gas coverage in La Guajira, delivering 3,000 new household connections that will benefit more than 11,000 people, many of them in vulnerable conditions.
Colombia’s propane sector is moving to expand import capacity from the Caribbean as the country faces a tightening energy supply, revealed the Colombian Propane Association (Gasnova).
Colombian households could see another hike in their gas bills by December, as the country becomes increasingly reliant on imports to secure supply, warned Luz Stella Murgas, president of the Colombian Natural Gas Association (Naturgas).
Colombia’s economy could lose CoP$11.2T over the next eight years due to rising natural gas prices and dwindling domestic supply, according to a new report from Fedesarrollo.
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