News and AnalysIs for

The Caribbean coast of Colombia faces a growing risk of gas rationing as thermal power plants in the region have secured only 35% of the gas needed to operate during the scheduled maintenance of the SPEC regasification terminal in Cartagena, set for October 10–14.

Colombia’s industrial sector could face a severe competitiveness crisis in 2026, as natural gas prices are projected to rise by up to 200%, driven by costly imports and inefficient transport logistics from the Caribbean coast.

Colombia’s industrial leaders are sounding the alarm over potential gas rationing tied to upcoming maintenance at the SPEC regasification terminal, warning that a government plan to prioritize gas supply to thermal power plants could devastate factories and regional economies.

With Colombia facing a looming shortfall in natural gas starting in 2026, Transportadora de Gas Internacional (TGI), a subsidiary of Grupo Energía Bogotá (GEB), unveiled a plan it says could prevent a full-blown energy crisis.

Six new prior consultations have emerged as the main threat to Petrobras’ (NYSE: PBR) ambitious plan to begin natural gas production from the offshore Sirius field before 2030. The company warns that regulatory uncertainty could delay Colombia’s return to energy self-sufficiency.

Colombia’s Senate is set to debate a new proposal, Bill 247 of 2025, that would overhaul the rules for importing and marketing natural gas.

Colombia’s Ministry of Mines and Energy (MinEnergia) will launch a regulatory review aimed at cutting gas transportation costs by up to 50% on routes such as Bogotá–Cartagena, Minister Edwin Palma announced during a visit to Cesar.

Camilo Sánchez, president of Andesco and Head of the National Business Council, raised alarms over Colombia’s energy security while openly criticizing current gas import practices.

In January of 2023, I wrote an article entitled Don’t get me wrong critiquing a report by the Ministry of Energy proving that Colombia had lots of gas, enough to export in fact. How did that work out?

Colombia’s Energy and Mines Ministry (MinEnergia) confirmed that the country will face a 20% natural gas deficit by 2026, echoing warnings raised in Promigas’s latest sector report.