INSUBCONTINENT EXCLUSIVE:
He assured Congress that the country will not face a gas deficit in 2025.This statement contradicts warnings from industry experts who
predict impending shortages
investment plans and exploration activities
The company aims to invest $760 million in 2024 to boost natural gas production, with $350 million funding offshore operations in the
Caribbean Sea.Roa outlined several exploration projects scheduled for the coming years
These include evaluating the Orca Norte-1 well and drilling the Uchuva-2, Buenasuerte-1, and Komodo-1 wells.Ecopetrol plans to develop at
least 20% of the potential found in La Guajira, estimated at 75 trillion cubic feet of natural gas
(Photo Internet reproduction)The Colombian Association of Natural Gas warns of potential supply shortfalls
Colombia has seen a decline in its natural gas reserves since 2012, with production outpacing new discoveries.To address potential
shortages, Ecopetrol is exploring options such as importing gas from Venezuela and increasing liquefied natural gas imports.The company
faces challenges in implementing these plans, including environmental permits and licensing processes
growing energy needs while transitioning to cleaner sources.
