At the 2nd Offshore Caribbean Forum: Energy and Progress, SPEC LNG, a Promigas Group company operating the regasification terminal in Cartagena, announced an expansion of its liquefied natural gas (LNG) processing capacity.
The Colombian government’s proposed tax reform could significantly raise trade and logistics costs, warned Javier Díaz, president of the National Association of Foreign Trade (Analdex).
Colombia’s exports fell again in July 2025, dragged down by weaker coal and oil sales, according to figures released by the National Administrative Department of Statistics (DANE) and the tax authority DIAN.
The Colombian government ruled out launching new rounds of offshore gas exploration, despite the region’s strategic importance for energy security.
The Gibraltar field, operated by Ecopetrol (NYSE: EC) in Norte de Santander, is facing a critical situation that could diminish the role of one of Colombia’s most strategic assets for national energy security.
Aquiles Mercado, Vice President of Finance and Administration at Promigas, raised a stark warning: Colombia’s energy transition risks becoming a cautionary tale of neglecting existing resources in pursuit of an idealized “green” future.