News and AnalysIs for

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.

Colombia’s Energy and Gas Regulatory Commission (CREG) issued two key resolutions in late November 2025 to address the country’s natural gas supply constraints and facilitate imported gas contracting. The measures aim to eliminate barriers that limit or discourage imported gas procurement while enabling short-term transportation solutions.

Venezuelan president Nicolás Maduro announced on November 20, 2025, that his country is ready to begin gas exports to Colombia before year-end, marking a potential new phase in bilateral energy cooperation.

Promigas presented solid financial and operational results for the third quarter of 2025, demonstrating continued strengthening of its business portfolio while contributing to Colombia’s energy transition with reliable and innovative solutions.