Colombia’s Gas Network Overhaul Highlights Growing Reliance on LNG

Colombia is reassessing its gas infrastructure as declining onshore production raises the country’s reliance on imported liquefied natural gas (LNG) and potential future offshore output. With domestic fields maturing and LNG imports set to play a larger role, particularly through facilities on the Caribbean coast, policymakers are shifting focus toward reinforcing coast-to-interior transport routes rather than building entirely new pipelines. This evolving supply map has implications for global benchmarks such as Oil – US Crude and Natural Gas, as regional infrastructure choices influence import demand patterns and long-term contract dynamics. Targeted upgrades to high-capacity corridors are emerging as a cost-effective strategy to enhance resilience and accommodate potential offshore volumes from projects like Sirius after 2031, subject to final investment decisions.

Over the past month, prices for Oil – US Crude have advanced about 4.96%, indicating a moderate bullish trend consistent with expectations of steady demand and constrained non-OPEC supply. The 1-day technical picture for US crude currently points to a Buy signal, suggesting near-term momentum remains positive. In contrast, Natural Gas has rallied roughly 36.60% over the last month, reflecting heightened volatility and shifting views on seasonal demand, storage levels, and LNG trade flows – factors that are directly relevant to Colombia’s network redesign. Natural gas also shows a short-term Buy signal, underscoring strong recent upside pressure as the market reassesses regional supply-demand balances and the impact of emerging import infrastructure. Investors can explore more updates, prices, and analysis across global markets at Commodities.