At the 2025 Naturgas Congress, Colombia’s Minister of Mines and Energy (MinEnergia), Edwin Palma Egea, announced a significant policy shift: the government is working to establish long-term natural gas import contracts aimed at reducing public service tariffs for Colombian consumers.
In a stark and urgent appeal, Eduardo Verano, Governor of Atlántico, warned that Colombia is teetering on the edge of an “energy pandemic” due to the growing threat of a natural gas shortage.
During the 2025 Naturgas Congress, Ecopetrol (NYSE: EC) President Ricardo Roa Barragán announced the detailed roadmap for the company’s Pacific Coast regasification project, which will allow Colombia to import natural gas through a new terminal located in Buga, Valle del Cauca.
At the 2025 Naturgas Congress, Luz Stella Murgas, President of Naturgas, delivered a strong critique of the Colombian government’s approach to energy transition under President Gustavo Petro.
Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) have successfully completed formation tests at the Sirius-2 well, marking a major step in the evaluation of what is now considered Colombia’s largest offshore natural gas discovery.
Luz Stella Murgas, president of the Colombian Natural Gas Association (Naturgas), presented a comprehensive proposal to President Gustavo Petro’s administration.
Juan Manuel Rojas, President of Promigas, has been re-elected to continue as Chairman of the Board of Directors of the Colombian Natural Gas Association (Naturgas) for a second consecutive year.
While the urgency of securing long-term gas supply is undeniable, some recent proposals, like the idea of importing gas from Qatar, may have more negative consequences than benefits.
It rained heavily in much of the country in 1Q25, filling up the reservoirs and lowering the demand for natural gas for thermoelectric generation. But non-thermal demand grew while domestic supply was flat meaning Colombia crept ever close to importing gas for domestic demand on regular basis.
During the forum “Energy Security and Sovereignty: Building a Sustainable Future”, experts from Colombia’s energy sector raised urgent concerns about the country’s gas shortages, regulatory hurdles, and rising energy tariffs.