News and AnalysIs for

Just before the end of December, the NOC published a press release on this important potential source of new gas.

Presidencia issued a press release saying that Ecopetrol and Sierracol had updated their natural gas production declaration, directing more from “own use” to the pipeline network.

Transportadora de Gas Internacional (TGI), a Grupo Energía Bogotá subsidiary, signed a binding commercial agreement with Höegh Evi to establish a Floating Storage and Regasification Unit (FSRU) for a regasification plant in La Guajira, specifically at Ballena.

State oil company Ecopetrol assumed sole responsibility for several offshore exploration and production gas projects in Colombia’s Caribbean following Shell’s formal departure as partner in these contracts.

Colombia’s government unveiled comprehensive measures addressing anticipated 2026 gas deficits through coordinated actions with sector agents, the Superintendence of Public Utilities (SSPD), and the Superintendence of Industry and Commerce (SIC).

Colombia’s Energy and Gas Regulatory Commission (CREG) identified two priority regasification facilities—Ballena in La Guajira and one in Buenaventura, Valle del Cauca—as essential for meeting the country’s gas supply needs and controlling end-user tariffs.

Ecopetrol announced a 37% expansion in natural gas supply for Colombia’s residential and commercial sectors, increasing from 133 GBTUd to 182 GBTUd starting December 2025.

As Colombia faces a natural gas deficit and increasing import dependency, Gas País proposes liquefied petroleum gas (LPG) as an alternative to meet demand while the offshore Sirius project comes online.

From the beginning President Gustavo Petro’s government seemed determined that Colombia would lose its self-sufficiency in fossil fuels. It appears to be accomplishing that goal, certainly in gas, and maybe in liquids as well.

The Colombian government, through the Ministry of Mines and Energy, announced an urgent package of measures to stabilize natural gas prices and protect residential users, small businesses, taxi drivers, and productive sectors dependent on this service.