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Andesco identifies gas scarcity as second pillar of Colombia’s energy emergency

The public utilities industry body Andesco issued a formal warning on May 21 that Colombia has a critical and non-extendable window of three to four months to take regulatory and operational action before El Niño drives the country into an energy supply crisis.

Tuesday, May 26th, 2026
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Industry associations warn El Niño will break Colombia’s gas supply margin

Three industry voices converged in the third week of May to paint a consistent and sobering picture of Colombia’s gas supply exposure as El Niño approaches: the country is entering the dry season with falling domestic production, record import volumes, a single regasification terminal already running near capacity, and a key gas producer in insolvency proceedings.

Tuesday, May 26th, 2026
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Canacol contract crisis deepens

Canacol contract crisis deepens

Colombia’s Canacol Energy “crisis” moved on two fronts simultaneously in the third week of May, with a regulatory field inspection confirming a substantial shortfall between the company’s contractual gas commitments and its actual output, while pipeline operator Promigas escalated its opposition to Canacol’s proposed contract terminations before a Canadian court — warning of consequences it described as catastrophic for the national energy system.

Monday, May 25th, 2026
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Former minister suggests declaring economic emergency over gas and power

Juan Camilo Restrepo, a former minister in various portfolios under various governments, has warned that Colombia’s converging gas supply and electricity challenges could require the government to invoke a constitutional economic emergency — a measure last used in the 1990s to bail out the country’s struggling power companies during the Gaviria-era rationing crisis.

Monday, May 25th, 2026
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MinEnergía proposes contingency measures for SPEC LNG maintenance window

MinEnergy has published a draft resolution laying out measures to protect natural gas supply and electricity system reliability during the scheduled maintenance of the SPEC LNG regasification terminal in Cartagena, planned for a five-day window between July 30 and August 3, 2026.

Monday, May 25th, 2026
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A “Super El Niño” is coming soon

So earnings season comes to an end and, apart from a few special charges, a generally positive one. Brent over US$100/bl will do that. But, unsurprisingly perhaps, that is not what people are talking about

Monday, May 25th, 2026
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Petro assails Ecopetrol’s gas demand in “mega El Niño” broadside

President Gustavo Petro launched a wide-ranging attack on Ecopetrol, political opponents, and business sectors in an extended post on X, centering his fire on what he described as the state oil company’s refusal to reduce its gas demand in the face of an accelerating climate crisis.

Thursday, May 21st, 2026
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Assembly begins on Pacific regasification plant in Buga

The first physical components of Colombia’s Pacific Regasification Plant are now in transit, marking a concrete step forward for one of the country’s important gas infrastructure projects.

Thursday, May 21st, 2026
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NG Energy reports 1Q26 results

NG Energy reports 1Q26 results

NG Energy International Corp. (“NGE” or the “Company”) announced that it had filed its financial results for the three months ended March 31, 2026.

Wednesday, May 20th, 2026
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ECP banks on imports and forward contracts to weather a super El Niño

With a super El Niño expected to hit Colombia in the second half of 2026, Ecopetrol has outlined a two-track gas strategy: expanded import capacity and aggressive energy contracting to insulate the company from spot market volatility.

Tuesday, May 19th, 2026
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