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Colombia s gas challenge [NGW Magazine]
Jan 15, 2021 7:15:am
Summary Falling production and a determination to remain self-sufficient do not sit easily together: but the government can do more to encourage domestic production. [NGW Magazine Volume 6, Issue 1]
by: Brunno Braga
Natural gas has been fuelling debates within Colombia`s energy segment. Dealing with a decline in its gas reserves and facing the risk of not meeting natural gas demand over the next few years, the South American country is racing against the time to maintain its promise of offering cleaner energy sources, where gas can play an important role.
In January 2020 the energy ministry announced an energy transition plan through which the use of fossil fuels will be gradually replaced by cleaner energy sources. As part of this transition, natural gas will help reduce coal and oil products. Natural gas generates 8% of Colombian energy, while coal and oil products account for a half.