regasification terminal in Cartagena shuts down for scheduled maintenance.
The five-day window may sound manageable in isolation, but El Tiempo’s energy sector analysis places it inside a set of compounding vulnerabilities that make it anything but routine.
El Heraldo assembled four energy sector voices to assess the fallout from the Alberta court’s ruling authorizing Canacol Energy to suspend its Colombian gas supply contracts — a decision affecting twelve counterparties including Cerro Matoso, Promigas, Gases del Caribe, and Surtigas.
Dutch marine technology firm ECOnnect Energy has signed an agreement with Sociedad Portuaria Puerto Bahía S.A. — a majority-owned subsidiary of Canada’s Frontera Energy Corp. — to deliver its proprietary IQuay F-Class jettyless transfer system for a fast-tracked LNG import terminal in Cartagena Bay.
Spain’s Repsol has signed a memorandum of understanding with Venezuela’s Ministry of Hydrocarbons and state oil company PDVSA to study the development of a new oil area called Horcón, located southeast of Lake Maracaibo — a zone adjacent to fields where Repsol already holds operations.
Venezuela has formalized a licensing agreement with Shell for the development and production of the Loran gas field, the Venezuelan side of the cross-border Loran-Manatee accumulation shared with Trinidad and Tobago.
Moody’s Ratings issued a sector-wide alert on Colombia’s energy and gas industry, warning that credit conditions for companies across the chain — generation, transmission, and distribution — will continue to deteriorate at least until the first half of 2027.
Colombia set a new record in the first week of June 2026, with imported gas reaching 32% of total national gas consumption — the highest share ever recorded in the country’s energy balance.
The Ministry of Mines and Energy formally issued a resolution on June 13 activating a preventive supply protection plan for the scheduled maintenance of the SPEC LNG regasification terminal in Cartagena, set to run from July 30 to August 3, 2026.
Colombia’s May 2026 headline inflation rose to 5.84%, according to DANE, with the main drivers in rental housing, water supply, food, and restaurants. Within the utilities subcomponent, however, gas performed strikingly differently: residential gas prices rose just 0.45% month-on-month, contributing a negligible 0.01 percentage points to overall inflation.
Liquefied petroleum gas (LPG) — the propane-butane blend sold in cylinder form in Colombian homes — is emerging as an increasingly strategic energy source at precisely the moment the country’s natural gas supply is under the greatest pressure it has faced in years.
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