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Promigas posted stable financial results for 2025 – revenues of CoP$6.7T (+1%), net profit up 2% to CoP$1.07T, and EBITDA flat at CoP$2.4T – but the more significant strategic story is the company’s deepening transformation from a pure-play gas infrastructure operator into a diversified energy platform, even as its gas operations delivered some of their most consequential results to date.

A post-mortem analysis by Asoenergía – the Colombian Association of Large Industrial and Commercial Energy Consumers – of the October 2025 maintenance shutdown of the SPEC LNG regasification terminal in Cartagena has revealed how poor supply planning drove residential gas contract prices to nearly three times their normal level in just a matter of days.

NG Energy International filed its 2025 annual results on March 30, 2026 — a document that tells two stories simultaneously: a year of operational turbulence absorbed and resolved, and a company that has fundamentally repositioned itself for a materially stronger 2026.

The Ministry of Mines and Energy sent a formal request to Ecopetrol president Ricardo Roa on March 4, 2026, requiring a detailed report on the volumes of natural gas consumed by the company’s refineries during 2025 and the current year to date.

Energy and Mines Minister Edwin Palma met on March 17, 2026 with U.S. Embassy Chargé d’Affaires Jarahn Hillsman and his economic team to review bilateral cooperation and investment opportunities across Colombia’s energy sector.

Ecopetrol’s regasification strategy has been forced into a pivot: the Coveñas project in Sucre, which had been billed as a 110 MMcfd import terminal, has effectively been shelved as a near-term priority after a series of bureaucratic delays, while the Puerto Bahía terminal in Cartagena — developed in partnership with Frontera Energy — has been accelerated to fill the gap.

Naturgas president Luz Stella Murgas used a March 18, 2026 interview with El Heraldo to preview the agenda and ambitions of the upcoming Naturgas Congress, to be held in Cartagena from April 15 to 17 — the association’s most prominent annual gathering.

Against the backdrop of Venezuela’s first LPG shipment to Colombia and a new Campetrol report showing 2025 oil production down 3% and gas output down 17%, Colombian Petroleum Association (ACP) president Frank Pearl issued a pointed call for domestic energy self-reliance.

Two regasification projects at different stages of development — one on the Pacific coast and one on the Caribbean — are moving forward this month, offering the near-term additions to Colombia’s gas import infrastructure as domestic field production continues to decline.

Petrobras and Ecopetrol announced on March 18, 2026 the confirmation of a new natural gas discovery in the deep waters of the Colombian Caribbean, with the drilling of the exploratory well Copoazú-1 in Block GUA-OFF-0. The companies stated that “the discovery consolidates the gas province and the hydrocarbon potential in this area, while adding a greater volume of gas to contribute to the country’s energy security.”