economy
May 9, 2026
Changes that would be brought by the new Minminas gas decree: price limits, more reports, and rules for importers
Government prepares new gas decree. Photo: Image generated with artificial intelligence-CHATGPT
TL;DR
- The Ministry of Mines and Energy is seeking comments on a draft decree to modify Colombia's natural gas market rules.
- The proposal aims to increase natural gas supply, ensure continuity, reliability, and security of supply.
- New regulations will cover pricing, information reporting, imported gas, and supply during times of scarcity.
- The decree introduces price caps for imported gas sold during supply shortages, linking them to domestic contract prices.
- Stricter reporting requirements are mandated for importers regarding their supply potential and committed quantities.
- The initiative seeks to limit speculation in the secondary market and protect consumers from unjustified price increases.
- The definition of essential demand will be modified during scarcity to prioritize certain user categories.