The first 100% natural gas-powered cargo truck has started operating on the roads of the Caribbean region of Colombia.
The Ministry of Mines and Energy (MinEnergia) published a draft resolution to introduce a Natural Gas Allocation Prioritization Mechanism during the scheduled maintenance of the Caribbean Regasification Plant (SPEC).
The Colombian Association of Large Energy Consumers (Asoenergía) issued a stark warning regarding the significant risks industries face from the ongoing challenges in the gas sector.
A recent report from ANIF, Colombia’s economic research center, highlighted that the country’s current gas reserves will only meet domestic demand for about five more years.
Luz Stella Murgas, President of the National Association of Natural Gas (Naturgas), issued a stark warning.
Amid Colombia’s ongoing economic challenges and reduced gas availability, former commissioner of the Energy and Gas Regulatory Commission (CREG), Daisy Cerquera, presented strategies aimed at boosting the country’s gas supply.
Colombia’s energy future may be on the cusp of a significant boost, thanks to the largest gas discovery in the country’s history.
Despite the recent discovery of significant natural gas reserves off the Colombian Caribbean coast, Ecopetrol’s (NYSE: EC) president, Ricardo Roa, announced that Colombia will need to continue importing gas for at least five more years.
As Colombia faces a looming gas shortage and the risk of electricity outages, the country’s energy sector is under immense pressure to find solutions. The current situation has a grim outlook, as challenges surrounding both gas and electricity supply intensify.
Colombia announced its largest natural gas discovery in three decades, a find that could double the nation’s reserves and sustain its gas supply for up to 40 years.