News and AnalysIs for

The Ministry of Mines and Energy (MinMinas) reported gas production figures for April 2018. Gas has been showing a recovery compared to figures of last year.

German Arce, Minister of Mines and Energy (MinMinas), wrote an article about the goals and plans of the government in the oil sector in the newspaper El Espectador. He highlighted the relevance of the Caribbean region for the future of the sector.

Higher oil prices have knocked gas off its perch as Colombia’s most profitable hydrocarbon, at least on a netback basis. We update our charts with the results of 1Q18 and comment about what this shift might mean.

The Colombian Association of Natural Gas (Naturgas) made an analysis on the situation of key metrics of the gas sector such as production, self-sufficiency and capacity. The association called for more collaboration from Colombian authorities to boost the development of the industry.

Bogotá’s transport system, TransMilenio, will renew many of its buses and the local Council suggested giving additional points to proposals that offer technologies that have zero emissions of polluting gases.

Concerns about air quality have grown in recent months in Colombia. The country is looking for alternatives to reduce pollution and Natural Gas Vehicle (NGV) is positioned as one of the best options. The Colombian Natural Gas Association (Naturgas) produced a report on the gas industry in Colombia.

Empresas Publicas de Medellin (EPM) and Canada’s investment fund, Brookfield, are competing for Gas Natural; a firm that holds more than 35% of the national gas distribution in Colombia. How would each firm change if winning the tender?

After 26 years of being Promigas’ President, Antonio Celia announced his decision to leave office starting in September, when he will retire.

Naturgas’ Orlando Cabrales warned that Ecopetrol would have to import diesel in the coming years, given the increase in demand for this fuel in mass transport systems.

The Energy and Gas Regulatory Commission (CREG) issued new tariffs for gas transportation recently, generating controversy with industry members. Experts from the sector spoke about the need to change this methodology.