They calculate gas up to 90% more expensive in Colombia

The situation of energy shortage has put on the table the discussion about what will happen to the gas supply beyond 2026. In a context in which gas imports come on the rise and could continue to grow from the next one, the impact on the final consumer can be reviewed.

An investigation carried out by Sergio Cabrales and Juan Benavides, deputy researchers of fedesvelopment in energy issues concluded that, in case half of the gas offer in Colombia is supplanted with imports, the rise in the gas rates of five main cities in the country (Bogotá, Medellín, Cali, Barranquilla and Bucaramanga) could reach up to 45.8 percent.

In a less optimistic scenario, in which the country has to resort in its entirety to imports in the near future, rates would increase to 91.5 percent. A higher cost of imported gas compared to national production, added to insufficiency in transport infrastructure projects are the main reasons.

The projections of the analysts took as a starting point the detriment of the last 10 years of gas reserves, parallel to growth in imports of the energy resource from two main markets, the United States and Trinidad and Tobago.