News and AnalysIs for

Just over a month ago we looked at the UPME’s latest demand forecasts, focusing on the potential supply shortfall. This time, we look a little deeper at demand especially where it comes from, both in terms of sector and region.

The president of the Colombian Natural Gas Association (Naturgas), Orlando Cabrales, proposed a reform to Colombia’s royalty system.

Pollution in Colombia’s main cities is increasing, generating several debates about public health policies. Naturgas’ Orlando Cabrales spoke on the issue.

The Colombian Natural Gas Association (Naturgas) made a report on the natural gas sectorin the country. Thefuel is increasing its participation in the energy matrix.

We have published a number of renewable energy articles lately and one is coming up this week. No, I have not suddenly discovered my true vocation as an environmentalist and no, we are not shifting HCC’s focus from oil and gas to the broader energy market.

The government is determined to carry out the construction of a new regasification plant in the country, despite experts’ opinions against it. The Ministry of Mines and Energy (MinMinas) announced dates for the plant’s tender.

Canacol Energy (TSX: CNE) announced results of the Pandereta 2 appraisal well located in the VIM 5 block in the Lower Magdalena Valley basin. The firm reported a significant new gas discovery on this block. CNE also provided information on its 2018 gas exploration and drilling programs.

Representatives of Canacol Energy (TSX: CNE), Ecopetrol (NYSE: EC) and the Colombian Petroleum Association (ACP) gave their arguments to declare Buenaventura’s regasification plant “unnecessary”.

The National Association of Electrical Generating Companies (Andeg) spoke about the impact that the ELN’s attacks had on the city’s gas, as well as on the measures they are taking to improve the situation.

At this time of year, the UPME publishes its annual forecasts for gas demand and supply. Here we take a look at the conclusions, focusing on key graphs.