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Colombian President Gustavo Petro announced potential sanctions against gas intermediary companies, accusing them of diverting residential gas supplies to more lucrative thermoelectric generation. His remarks follow a Fedesarrollo study warning of steep increases in gas tariffs due to rising import dependency.

During the recent Naturgas Congress, preliminary figures regarding Colombia’s potential natural gas deficit for 2026, 2027, and 2028 were presented. However, several industry experts cautioned that it is too early to draw firm conclusions.

At the closing session of the Naturgas Congress held in Barranquilla, Juan Manuel Rojas, Chairman of the Board of Directors of Naturgas and CEO of Promigas, highlighted the critical situation facing Colombia’s natural gas industry.

Luz Stella Murgas, President of Naturgas, laid bare the consequences of Colombia’s energy policy decisions and offered a clear roadmap to restoring natural gas self-sufficiency.

MinEnergia Edwin Palma says the Colombian government will write long-term gas import contracts because “Those increases in gas prices across the country must be reversed.” He is either misguided or misleading Colombians. We hope it is the former. Gas prices appear to be on the upswing and Colombians will pay a premium to eliminate the risk of gas prices going up.

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.