News and AnalysIs for

Colombia continues to report new natural gas users.

While rising oil prices have brought smiles to the faces of oil producers and MinHacienda, rising global natural gas prices must be keeping the CREG up at night. It should also be disturbing advocates of the regas strategy.

The Minister of Finance (MinHacienda), José Manuel Restrepo, spoke about the economic reactivation and the sectors that will be key in this process.

Colombia is developing several projects to guarantee the reliability of natural gas supply in the medium and long term.

The Ministry of Mines and Energy (MinEnergia) reported natural gas production figures for August 2021.

Promigas’ Eric Flesch Santoro spoke about the role of natural gas in the energy transition process and the importance of fracking to guarantee self-sufficiency.

Ecopetrol’s Vice-president of Gas, Yeimy Baez, spoke about the company’s plans to avoid a natural gas deficit in the country.

Natural gas imports are growing, and this situation is increasing concerns in the country about the loss of self-sufficiency.

Natural gas is facing a crisis situation due to the growing deficit in its proven reserves levels.

The line to supply natural gas to the west and center of the country is becoming a reality.