International • • • 🌿 Progressive

Buque regasificador atracado al atardecer junto a una terminal costera de gas con tanques y tuberías
Terminal marítima de regasificación de gas al atardecer: la infraestructura de importación sostiene el suministro colombiano. · Imagen generada por EPM

Colombia ends gas rationing, but its single-terminal dependence remains

The government lifted the gas limitation after the Cartagena terminal recovered its 533 million cubic feet per day capacity.

--- The context --- Colombia has ended another round of natural gas rationing with a lesson that goes beyond a single technical failure: the country depends on one regasification terminal to import fuel it no longer produces in sufficient quantity. The contingency began with a technical fault at the Cartagena terminal, which forced the government to limit scheduled supply while repairs were carried out. The backdrop is a structural deficit built up over years. Domestic production is falling, reserves are being depleted and no new projects have come online to offset that decline, so every breakdown in the existing infrastructure becomes a nationwide problem. --- The facts --- The Ministry of Mines and Energy announced the lifting of the scheduled natural gas limitation, effective from 11:59 p.m. on Saturday, October 31. Through Resolution 40596 of 2026, the government declared the contingency over and ended the extraordinary measures adopted to guarantee natural gas supply. The decision came after the terminal confirmed the recovery of its available regasification capacity of 533 million cubic feet per day, having completed ahead of schedule the corrective work on one of the four trains of its floating storage and regasification unit. During the intervention it operated at 400 million cubic feet per day, and even so, according to the Ministry, supply to essential demand was guaranteed: households, hospitals, schools and other priority users. --- The positions --- The government maintains that the contingency has been overcome and that ordinary market operating conditions are restored, including the usual supply and marketing rules. The energy ministry also said it will keep monitoring supply conditions to detect possible difficulties in the provision and transport of the fuel. Sector data points to a deeper problem. According to the hydrocarbons sector chamber, proven reserves fell 16.8% in 2025, to 1,717 gigacubic feet, enough for 5.9 years at the current pace of production. --- What remains unknown --- Imports are growing fast: in August, 341.4 million cubic feet per day entered the country, 126.9% more than a year earlier, equivalent to 32.3% of the gas marketed. In the first eight months of 2026, the average share of imports was 26.1%, compared with 17.4% in the same period of 2025. And all of that flow enters through a single door: the terminal whose capacity was expanded from 475 to 533 million cubic feet per day has already suffered two recent technical contingencies, one in September and this latest one. --- Unanswered questions --- When will Colombia have a second operational regasification terminal to reduce its dependence on a single facility? What concrete projects can reverse the fall in domestic production before reserves run out in 5.9 years? How much more can the import bill grow if imports already account for 32.3% of the gas marketed in the country? --- EPM analysis --- The exit was swift and essential demand was never interrupted, but the relief is administrative, not structural: the entire system rests on a single terminal and shrinking reserves. Until that changes, every technical failure will keep producing nationwide rationing effects. 📌 EPM Take: In EPM's view, lifting the rationing is good operational news that should not be mistaken for a solution: Colombia overcame the emergency because the repair finished ahead of schedule, not because its gas system is any stronger today. With reserves for 5.9 years, imports already covering 32.3% of the market and a single operational regasification terminal, the country remains one breakdown away from the next rationing. The pending task is to diversify infrastructure and recover production, with decisions that take years to mature.
📤 Share on Telegram

¿Te gustó este artículo? Recibe cobertura global en tu correo.

Suscríbete gratis / Subscribe free