Ecopetrol (NYSE: EC) announced the suspension of vehicular gas sales to 13 companies responsible for its distribution across the country.
The Colombian Gas Association (Naturgas) released its annual report, emphasizing the industry’s efforts to increase gas supply amid warnings of a potential gas shortage in 2025.
In a recent sectoral report on natural gas in Colombia, Bancolombia’s Economic, Sectoral, and Market Research Division warned that the development of offshore gas projects in the Caribbean will lead to higher energy prices in the medium term.
Naturgas announced the gas sector’s investment in social projects during 2023.
Ricardo Sierra, President of Celsia, raised concerns over a potential gas shortage in Colombia starting in 2025, citing various challenges that have affected the sector in recent years.
The Colombian government, alongside natural gas companies, has established a Unified Command Post (PMU) to guarantee a steady supply of gas across the country.
Colombia faces a potential surge in gas prices as domestic reserves dwindle, and the government remains opposed to new hydrocarbon exploration projects.
The natural gas industry is implementing various initiatives to reduce its environmental footprint.
The ANH has updated its website and online databases with field-level data for gas production by type of consumption for July. Measured production rose sequentially. That is the good news. The bad news is that it continues to fall year-on-year and key components like gas delivered to pipelines fell sequentially and annually.
Germany’s new ambassador to Colombia, Martina Klumpp, emphasized the pivotal role of natural gas in Colombia’s energy transition.
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