News and AnalysIs for

The National Administrative Department of Statistics (DANE) reported the value of Colombian imports during May 2024.

Frontera Energy Corporation (NYSE: FEC) announced a strategic partnership with Gasco Soluciones Logísticas y Energéticas to develop a new liquefied petroleum gas (LPG) project at Puerto Bahia’s port terminal in Cartagena, Colombia.

The Colombian Natural Gas Association (Naturgas) raised concerns regarding the recent objection to a legislative bill aimed at ensuring access to essential public gas services.

Recently, the Ministry published gas production forecasts on a steep downslope. We do not entirely trust MinEnergia, since the president wants to justify importing gas from Venezuela so we looked at the data. The story is not good although maybe not as bad as the government wants us to believe.

The government announced the nomination of a new expert for the Energy and Gas Regulatory Commission (CREG).

The Ministry of Mines and Energy (MinEnergia) recently released its natural gas production forecast for 2024-2033, revealing several concerning trends that could lead to supply shortages if not addressed promptly.

As Colombia advances towards energy transition, importing gas from Venezuela has been one of the measures suggested. Juan Manuel Rojas, president of Promigas, highlighted the significance of this fuel in achieving a successful shift towards clean energy.

The Asociación Guajira contract commemorates 50 years of contribution to Colombia’s energy, economic, and social development.

Ricardo Roa, President of Ecopetrol, announced that Colombia will face a gas shortage starting in 2025 due to declining reserves in recent years.

Promigas, through its subsidiary Surtigas, reached a significant milestone of connecting seven million users to its natural gas service.