Colombia's national hydrocarbon agency reported that natural‑gas reserves at the end of 2025 covered just 5.9 years of domestic production, unchanged from the prior year and the lowest level since 2007. The shortfall forces the country to rely on costly LNG imports for households and industry, tightening the energy balance as demand outpaces supply. Energy traders monitor the data, fearing tighter spot markets.

Petro’s anti‑exploration agenda, which bans new oil and gas contracts, has drawn criticism for deepening the gap. Meanwhile, proven crude reserves rose to 2.02 billion barrels, enough for 7.4 years of output, up from 7.2 years previously. The contrast highlights a policy tilt toward oil while gas supplies dwindle, raising concerns for downstream processors.

President‑elect Abelardo de la Espriella has pledged to reverse Petro’s restrictions, authorising new exploration and a fracking pilot program, Vice President‑elect José Manuel Restrepo announced. Immediate policy shifts could unlock additional supply, easing LNG demand and stabilising prices. The electoral authority is set to certify the vote this week, confirming a clear, significant change in Colombia’s energy strategy.