The government has included the recovery of the Antonio Ricaurte binational gas pipeline among its Projects of National and Strategic Interest (PINES), a step Valora Analitik calls “administrative” and does not mean Venezuelan gas can arrive now.
Colombia’s coal federation, Fenalcarbón, expects the sector to reach 90 million tons of production by 2030, close to its peaks in earlier years, from 51 million tons in 2025.
Colombia will keep gasoline and diesel prices unchanged in November, with the national average at CoP$15,886 per gallon for regular gasoline and CoP$11,320 for ACPM (diesel).
Minister of Mines and Energy María Nohemí Arboleda says it could take three to four years to normalize Colombia’s natural gas supply because of accumulated delays in exploring and developing new projects.
GeoPark completed its entry into Venezuela on November 2, when its 25-year Production Participation Contract (CPP) for the Bare Block took effect well before the 120-day period the contract allowed, and Grupo Gilinski became its controlling shareholder.
Chevron says it plans to invest more than US$100 million in Colombia over the coming years and to reach 200 service stations in priority markets under the Texaco brand.
2026, Hydrocarbons Colombia, All Rights Reserved.
