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In Colombia’s ambitious journey towards a sustainable energy future, natural gas has emerged as a crucial component.

A recent report from Fitch Ratings highlights significant discoveries by international investors and a global preference for natural gas, indicating that Colombia’s economy and hydrocarbon industry are poised for long-term growth.

In the southern region of Atlántico, Colombia, the arrival of natural gas brings newfound joy to communities like Villa Rosa in Repelón.

MinEnergia recently published its draft energy transition roadmap and the attention has focused on electrification for good reason: the Colombian government expects a dramatic increase in the proportion of total energy – including transport – served by electricity. For that, we have written extensively in our sister publication ePowerColombia. But the roadmap makes assumptions about oil and gas demand and supply that could impact the hydrocarbons industry.

Concerns are mounting within the Colombian government regarding the limited reserves of natural gas in the country.

Recent discoveries of substantial natural gas reserves off the Caribbean coast of Colombia have garnered significant interest from major global oil companies.

Asoenergía underscores that natural gas, a vital element in the national energy matrix, is hampered by high costs and supply disruptions, negatively impacting demand.

Naturgas, the Colombian Natural Gas Association, declared on last Friday morning that the natural gas restriction for industries along the Caribbean coast has been lifted.

In a recent report, the Colombian natural gas sector, in collaboration with research institution Fedesarrollo, examined the potential costs of transitioning away from gas natural amidst the country’s energy shift.

The Ministry of Mines and Energy (MinEnergia) issued a statement regarding the natural gas crisis affecting the northern region of the country. Canacol Energy also made a statement on this issue.