The President of Colombia’s National Hydrocarbons Agency (ANH), Orlando Velandia, offered a surprisingly optimistic forecast for the country’s oil and gas reserves in 2024.
At the 2025 Naturgas Congress, Colombia’s Minister of Mines and Energy (MinEnergia), Edwin Palma Egea, announced a significant policy shift: the government is working to establish long-term natural gas import contracts aimed at reducing public service tariffs for Colombian consumers.
In a stark and urgent appeal, Eduardo Verano, Governor of Atlántico, warned that Colombia is teetering on the edge of an “energy pandemic” due to the growing threat of a natural gas shortage.
During the 2025 Naturgas Congress, Ecopetrol (NYSE: EC) President Ricardo Roa Barragán announced the detailed roadmap for the company’s Pacific Coast regasification project, which will allow Colombia to import natural gas through a new terminal located in Buga, Valle del Cauca.
During the final day of the Naturgas Congress, Ecopetrol (NYSE: EC) President Ricardo Roa delivered a mixed message: while announcing a new schedule for gas commercialization, he also warned of a significant drop in the company’s earnings following the recent plunge in global oil prices.
More than a year ahead of Colombia’s 2026 presidential elections, political movements are already gaining momentum.
2025, Hydrocarbons Colombia, All Rights Reserved.
