Colombia prepares for sharp rise in LNG imports ahead of El Niño

Colombia's thermal power plants are gearing up to boost liquefied natural gas imports ahead of El Niño's expected arrival in August, which could deplete hydroelectric reservoirs. Alejandro Castañeda, director of Andeg, said the Spec terminal will run at full capacity to support the grid. The move aims to prevent blackouts during the dry season.

Fossil fuel power plants, mainly running on natural gas, currently supply 15% of Colombia's electricity. With El Niño forecast by the US Climate Prediction Center to emerge from August 1 and last through year-end, the country braces for drier conditions threatening hydroelectric generation, which meets two-thirds of demand.

Alejandro Castañeda, director of the Colombian Association of Energy Generators (Andeg), said thermal plants will ramp up to preserve reservoirs, now at 60% per XM SA and needing over 80% by August. Colombia imports 210 million cubic feet of LNG daily via the Spec terminal, with full 475 million capacity; Castañeda expects full operation from August for power plants.

Imports hit 2.06 million metric tons during the 2024 El Niño, dropping to 1.9 million in 2025. Two approved projects—Ecopetrol's in Buenaventura and Caribe LNG on the Atlantic coast—will add 60 million cubic feet daily from September. Castañeda called for incentives to cut household use and encourage industrial self-generation.

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The Ministry of Mines and Energy presented a strategy with 50 actions to strengthen the energy system ahead of the El Niño phenomenon expected in the second half of 2026.

Colombia's gas production dropped 12.89% year-over-year in May, according to ACIPET data. Ecopetrol prepares measures for the El Niño phenomenon.

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Alberto García of Drummond Energy warned that Colombia's energy demand could double by 2030 if economic growth stays between 4% and 5% of GDP.

Hidroituango manager Alejandro Arbeláez welcomed the request to fill the reservoir to its full 100% capacity to prepare for the El Niño phenomenon expected in the second half of the year. The current level stands at 53%. The National Authority of Environmental Licenses (Anla) confirmed there are no impediments to operating at the maximum level of 420 meters above sea level.

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The firm energy obligations auction held on May 22, 2026, assigned 4,069.7 MW of new capacity to Colombia's national grid starting in December 2026.

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