High residential demand from the cold wave has led to gas supply cuts of up to 50% for companies with firm contracts and GNC stations.
State-owned Enarsa issued a new tender to import liquefied natural gas by ship. The goal is to secure supply for the remainder of the winter.
Affected industrialists are demanding greater predictability and have started contingency plans to avoid production stoppages.
The cuts add to pressure on the national energy system amid low temperatures.
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Colombia's Ministry of Mines and Energy has published a draft decree to overhaul the regulatory framework for the natural gas market.
The national grid operator ordered a 1 GW cut from smaller generators on Sunday after reducing output at large plants.
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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.
The Federal Government has directed regulators to crack down on hoarding and diversion of Liquefied Petroleum Gas. The move follows a surge in cooking gas prices and an emergency stakeholders meeting held on June 22, 2026.
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What began as escalating tensions in the Strait of Hormuz in mid-March 2026 has evolved into a full-scale war between the United States, Israel, and Iran, with the strait blockaded since early March. This vital chokepoint for 20% of global oil and natural gas shipments has ignited the most severe energy crisis in modern history, causing critical fuel shortages in 25 countries.