News and AnalysIs for

Promigas announced its operational and financial results during the first half of this year. The company highlighted its good financial performance during 1H18 and the company continues to grow as the main natural gas distributor in the country.

Last week we showed a number of graphs about oil reserves. This week we have the same charts but for natural gas.

Natural gas distributors have been complaining about delays in the regulation of transport tariffs for years. These were established back in 2004, and expired in 2009.

The possible loss of energy self-sufficiency in Colombia has been one of the main discussion topics in recent years. Promigas wrote a report on natural gas reserves and important issues in the market.

There are divided opinions around the Pacific regasification plant, as the government and gas Associations seem to be on different pages when it comes to this issue.

The oil sector has to face many challenges to operate in Colombia and social conflict is one of the main ones. However, this time communities are asking for the sector’s collaboration to produce natural gas in their region.

Colombia continues to discuss about alternatives to guarantee energy self-sufficiency in the long term. The country has great potential to increase its gas production and the Caribbean is positioned as one of the main regions for the future of this fuel.

The propane sector has been discussing about the possible subsidies expansion throughout the country in recent months. The Colombian Association of Natural Gas (Naturgas), the Colombian Association of Propane (Gasnova) and politicians spoke on this alternative.

Production declines in La Guajira natural gas fields could put the country at risk of having to import this fuel in 2023. the Minister of Mines and Energy (MinMinas) spoke on the matter.

Colombia’s Natural Gas Association (Naturgas) continued its campaign to promote the use of VNG in the country. Industry experts, however, questioned the viability of the Association’s proposal.