Colombia Expands LNG Imports Amid Falling Domestic Output and Drought Risks

Colombia is bringing in larger volumes of liquefied natural gas to compensate for a continuous decline in domestic gas output. The rising intake of overseas cargoes comes as local extraction proves insufficient to cover the nation's energy requirements.

Electricity generation demand could climb significantly if an anticipated drought restricts hydroelectric supply during the autumn and winter. Diminished water availability would require thermal power plants to consume higher volumes of natural gas to sustain the grid.

In response to the severe weather outlook, the Colombian government has instituted a national disaster declaration. The measure has been implemented to prepare the country for substantial dry conditions associated with an expected strong El Niño pattern.