economy
May 6, 2026
Exclusive: Canacol Energy could suspend gas supply contracts in Colombia in less than a month
Canacol Energy released its financial report for the first half of 2025. Photo: Portafolio
TL;DR
- Canacol Energy could suspend 19 gas supply contracts in Colombia within a month.
- The suspension is contingent on judicial decisions in Canada and Colombia.
- Key decisions are expected in days or weeks, with a potential start date around May 28th.
- The process begins with a request to the Alberta Court, followed by evaluation by Colombia's Superintendencia de Sociedades.
- Twelve companies, including Cerro Matoso, Surtigás, Enel Colombia, Gases del Caribe, and Gases de La Guajira, could be affected.
- Cerro Matoso is particularly vulnerable, relying on Canacol for 80% of its gas supply.
- The Superintendencia de Sociedades has stated no formal request for contract suspension has been received yet.