At the Arpel-Naturgas 2024 conference in Cartagena, amidst discussions about Colombia’s gas production landscape and government policies limiting exploration, the emphasis was clear: prioritize domestic sources to meet energy demands.
Ecopetrol (NYSE: EC) could more than double the country’s natural gas reserves with a focus in the Llanos.
Luz Stella Murgas, president of Naturgas, addressed the challenges and opportunities surrounding Colombia’s energy transition in an interview.
At the 2024 Naturgas Congress, the panel “The Voice of the American Continent’s Communities” shed light on the relevance of indigenous participation in energy transition and major development projects.
The possibility of importing natural gas from Venezuela to Colombia, using the Antonio Ricaurte pipeline, has been a topic of discussion since the beginning of Gustavo Petro’s government.
Colombia is bracing itself for a natural gas deficit by 2026, as warned by the Colombian Association of Oil and Gas (ACP), citing insights from the Mining and Energy Planning Unit (UPME).
The Colombian Association of Oil and Gas (ACP) outlined the challenges anticipated this year, particularly emphasizing concerns over the significant decline in gas reserves amidst increasing consumption.
The members of Naturgas’ Board of Directors elected their new chairman.
Against the backdrop of Naturgas’ annual congress, this week in Cartagena, contributor Tomás de la Calle worries about the impact of Petro-government policies on Colombia’s self-sufficiency in gas. He foresees a sellers’ market – which usually means higher prices – in the near future.
The Ministry of Mines and Energy (MinEnergia) recently released a draft decree aimed at modifying article 2.2.2.2.24 of Decree 1073 of 2015, specifically concerning the availability of natural gas for electricity demand during periods of low hydrology.
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