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With declining domestic gas output and renewed talk of imports from Venezuela, Mónica de Greiff, Chair of Ecopetrol’s (NYSE: EC) Board of Directors, drew a clear red line: U.S. sanctions determine what Colombia’s state oil company can and cannot do.

Colombia’s gas production continued to decline in July 2025, according to the latest report released by the National Hydrocarbons Agency (ANH). The update shows that gas output was the hardest hit, deepening concerns over the country’s energy balance.

Everyone in the industry worries about natural gas production falling because that means more imports and higher prices for gas users and for electricity users. So why does it continue to decline?

Colombia has revived a politically charged idea: importing natural gas from Venezuela before year-end.

Gas imports in Colombia fell last month in both absolute and relative terms but that does not mean the issue has gone away.

At the 2nd Offshore Caribbean Forum: Energy and Progress, SPEC LNG, a Promigas Group company operating the regasification terminal in Cartagena, announced an expansion of its liquefied natural gas (LNG) processing capacity.

Colombia’s natural gas industry is preparing a significant boost in investment for 2025.

Colombia is facing a mounting natural gas deficit that has forced the country to rely increasingly on imports, a trend that threatens household tariffs, industrial competitiveness, and long-term energy security.

Ecopetrol announced the expansion of natural gas coverage in La Guajira, delivering 3,000 new household connections that will benefit more than 11,000 people, many of them in vulnerable conditions.

Colombia’s propane sector is moving to expand import capacity from the Caribbean as the country faces a tightening energy supply, revealed the Colombian Propane Association (Gasnova).