The proven oil reserves that Colombia has They fell to 7.1 years and gas to 6.1 years, this last figure being the most worrying.
This was revealed by the recent report from the National Hydrocarbons Agency (ANH), according to which gas reserves went from 2.82 cubic terapies in 2022 to 2.37 cubic terapies in 2023.
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For their part, oil prices went from 2.074 million barrels in 2022 to 2.019 million barrels last year.
According to Orlando Velandia, president of the ANH, the relationship between reserves and gas fell one year, which means that “If we did nothing” in six years the country’s gas would run out.
For his part, the Minister of Mines and Energy, Andrés Camacho, assured that the Government’s commitment is “accelerate and carry out a fair energy transition, which allows taking advantage of the country’s opportunities to transform energy into economic development”.
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Gas, the most critical
The decrease in proven gas reserves was the most worrying, since The country had a low incorporation of new molecules that failed to compensate for demand.
According to Velandia, the drop compared to the previous year was 58 cubic gigapies. “The most critical behavior was that of gas. We have been experiencing a decrease in reservations since 2017 (…) When comparing 2023 with 2019, it is found that the country only used 11% of its total reserves,” he said.
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The official maintained that From 2014 to 2024, 48 gas discoveries have been made, 15 of them made in the government of Gustavo Petro. “31% of those discoveries made in 11 years have been made in this Government,” he added.
Regarding drilling, Velandia stated that in the In the last four years, 212 wells have been drilled, of which 113 have been done during this government.
