News and AnalysIs for

Our previous report on Enercol 2016 was mainly about crude but in this part, we will focus on gas.

Another reader question inspired an interesting graph to share. Here is the distribution of crude oil production by field from 2Q16.

GasThe Ministry of Mines and Energy (MinMinas) published official production figures for August 2016, and reported that gas production was 949mmcfd, a 3.29% increase compared to the month of July.

The General Controller Edgardo Maya Villazón urged a reworking of the government’s strategy to ensure gas supply in times of crisis, and said the current strategy is not effective.

The acting president of the National Hydrocarbons Agency Orlando Velandia told press that crude production for August was 827,000bd, a 1.89% drop compared to July and down 14.5% compared to the same period last year.

GasAn expansion of the transport system for gas is required for the investment in exploration to increase, according a study to the Energy Mining Planning Unit (UPME), which also found there is enough supply to meet demand only until 2023.

The propane sector has been through a process of formalization that started in 2010, and a new regulatory framework underway could enhance this transition and bring more growth for the fuel, says Nicolás Botero-Páramo Gaviria president of the propane association Gasnova.

The constant decline of existing gas fields like those in La Guajira, and a lack of new sources has spelled the end to an expansion of thermal generation plants designed to back up the general electrical grid.

The director of the Energy and Gas Regulation Commission (CREG) Jorge Pinto Nolla said the entity’s main strategy to supply the market with natural gas is based on regasification plants, and clarified that natural gas appears, it does not just result from a plan.

The outgoing president of the Colombian Natural Gas Association (Naturgas) Eduardo Pizano warned that a series of changes that the Energy and Gas Regulation Commission (CREG) has made to distrubtion regulation will halt investment. He also gave details on the reasons for his departure from the entity.