The Regasificadora del Pacífico, the LNG import project at Buga in Valle del Cauca, has not started operating, and the latest date from regional officials is mid-November, after an earlier target of November 1.
The government has included the recovery of the Antonio Ricaurte binational gas pipeline among its Projects of National and Strategic Interest (PINES), a step Valora Analitik calls “administrative” and does not mean Venezuelan gas can arrive now.
Colombia’s coal federation, Fenalcarbón, expects the sector to reach 90 million tons of production by 2030, close to its peaks in earlier years, from 51 million tons in 2025.
Minister of Mines and Energy María Nohemí Arboleda says it could take three to four years to normalize Colombia’s natural gas supply because of accumulated delays in exploring and developing new projects.
Imports now cover 61% of Colombia’s liquefied petroleum gas (LPG) demand and would exceed 70% early next year if growth continues at the first-half 2026 pace, according to Alejandro Martínez V., president of the industry association Gasnova.
Colombia’s Ministry of Mines and Energy lifted the scheduled natural gas limitation at 11:59 p.m. on Saturday, October 31, after corrective work at the SPEC LNG regasification terminal in Cartagena finished ahead of schedule.
Drummond Energy says it holds four exploration and production contracts for unconventional gas, the only company in Colombia with such contracts, and is pressing the government to clear the way for its Cesar-Ranchería project.
Sociedad Portuaria El Cayao (SPEC) reported an operational failure in one of the four trains at its Cartagena LNG regasification unit, and the terminal will run at 400 mmcfd during repairs.
Vehicular natural gas (VNG) prices in Bogotá rose almost 20% overnight, which sources said reflects reduced availability of imported gas at the Cartagena regasification terminal.
Petrobras and Ecopetrol have completed a five-well exploration campaign in the deep waters of the Colombian Caribbean that ran for two and a half years and cost about US$1B.
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