The Comptroller’s Office warned that the risk of energy rationing in Colombia is worsening due to lack of decisions.
The Comptroller General of the Republic once again launched a warning to the Ministry of Mines and Energy due to the risks to the country’s energy security, pointing out possible effects on the supply of gas and energy and fiscal pressures associated with subsidies.
In a letter sent to the Minister of Mines and Energy, Edwin Palma, Comptroller Carlos Hernán Rodríguez pointed out that The country faces a more critical scenario: “A year has passed since our warning and no decisions have been made to reduce or eliminate risk scenarios.”; “the criticality conditions have worsened.”
Read: Unexpected! Bizarrap and Daddy Yankee join forces in collaboration
The control entity recalled that the warning was issued on November 7, 2024 and included four main risks: a drop in tax revenues and royalties due to lower hydrocarbon production, an increase in subsidies for public services, pressure on the exchange rate and a greater deficit in the fuel fund.
According to data collected by the entity, Oil production went from 772,000 barrels per day in 2024 to 747,000 in 2025, a reduction of 4.23%while exports fell from 2.64 million tons per month to 2.48 million, that is, 5.9% less. There was also a 15% decrease in royalty collection in the first half of 2025 compared to the same period in 2024.
The Comptroller’s Office also warned about the increase in obligations for energy and gas subsidies. In September, The subsidies granted to strata 1, 2 and 3 totaled $3.64 billion, of which only $0.76 billion have been paid, accumulating a debt of $2.88 billion.
“With an outstanding balance close to 70%, it is foreseeable that increases in rates will generate greater fiscal pressure and compromise budget sustainability,” said the Comptroller’s Office.
You can read: Owner of Miss Universe explodes after insulting Miss Mexico by the director
The document warns that the country will require new gas import capacities towards the end of 2026 for a period of no less than three months, due to the decline of current fields and the greater projected demand. It also points out that Colombia has not signed exploration contracts for three years, which limits the incorporation of new reserves.
Regarding the energy transition, the entity stated that there is still no clarity about the plan announced by the Government: “there is no clarity regarding the diversification of energy sources, nor the existence of a robust infrastructure.”
Finally, the comptroller urged the Government to take measures: “I urge the Ministry of Mines and Energy and, through it, the National Government to act accordingly with the highest interests of the Nation.”
Source: Integrated Information System
