Colombia is facing a critical energy situation, with warnings from key stakeholders in the hydrocarbons and electricity sectors about a potential natural gas deficit by 2025.
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.
At the VII Oil and Gas Summit, the consulting firm Jaime Arteaga y Asociados presented the sixth edition of the Petroleum Barometer, a comprehensive study that tracks public perceptions, concerns, and expectations regarding Colombia’s oil and gas sector.
Canacol Energy (TSX: CNE) is currently under investigation by Colombia’s Ministry of Mines and Energy (MinEnergia) due to its failure to meet the gas production commitments it made for 2025 and 2026.
Ecopetrol (NYSE: EC), through its subsidiary Cenit, reached an agreement with Promigas to evaluate a new connection between the gas markets of Colombia’s coast and interior.
Ecopetrol (NYSE: EC) announced a significant new step in its offshore gas exploration efforts with the launch of the “Papayuela” well, located in the Gua-Off-0 block (previously known as Tayrona) in Colombia’s Caribbean region.
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