The recent resolutions by the Energy and Gas Regulatory Commission (CREG) represent a significant step towards bolstering Colombia’s natural gas infrastructure amid looming concerns of potential gas deficits starting in 2025.
In response to looming concerns over a potential natural gas deficit in Colombia by 2025, the government is preparing to introduce a new regulatory framework to enhance the availability of natural gas in the market.
Domestic gas production continues to fall. Apart from a miniscule increase in April, it has declined every month so far this year and June 2024 was 9% lower than June 2023.
Ecopetrol (NYSE: EC) announced that the Uchuva-2 well has confirmed the extension of a gas discovery made in 2022 with the drilling of the Uchuva-1 well.
Cenit, a subsidiary of Ecopetrol (NYSE: EC) dedicated to hydrocarbon transportation, reported a new attack on its infrastructure in Villa López, a rural area of the municipality of San Juan de Betulia, Sucre.
Colombia’s Comptroller General, Carlos Hernán Rodríguez, raised an urgent alarm regarding potential irregularities in the handling of royalties within the country.
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