Colombia’s dependence on imported natural gas has accelerated, with imports accounting for 33% of total consumption in the first week of July, up from 31% in June.
The data, reported by La República, highlights the deepening structural deficit in the country’s energy balance sheet as domestic production fails to keep pace with demand.
The surge in import reliance reflects a long-term erosion of Colombia’s resource base.
Proven natural gas reserves have contracted by more than half since 2018, fundamentally shifting the nation from a net exporter to a growing importer.
This trend places increasing pressure on state-owned producer Ecopetrol to secure external supply contracts to maintain grid stability and industrial output.
Market participants are closely monitoring the operational readiness of the new Pacific LNG terminal, scheduled to begin operations on November 1.