Importation of gas from Venezuela, an issue that remains tangled: PDVSA wants to terminate contract with Ecopetrol
The contract to import gas from Venezuela to Colombia is tangled. Photo: Istock
TL;DR
- PDVSA intends to terminate its gas import contract with Ecopetrol due to commercial conditions.
- Colombia's Minister of Mines and Energy will meet with the U.S. government to request the lifting of sanctions on Venezuela.
- The goal is to ensure medium and long-term natural gas supply, with Venezuelan gas seen as a viable short-term option.
- Discussions included potential investments in electrical interconnection between Colombia and Venezuela, and energy export resumption.
- Colombia has begun receiving over 100,000 liters of LPG, benefiting approximately 800 households.
- Once sanctions are lifted, Colombia will commit to reactivating financial accounts for Monómeros and Ecopetrol resuming sulfur sales.