Market Intelligence
Colombia Expands LNG Imports Amid Falling Domestic Output and Drought Risks
Colombia is relying more heavily on liquefied natural gas imports to offset declining domestic output and brace for potential drought-induced power shortages.
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.
Source attribution
This report was written by the Global Freight editorial desk based on material published by U.S. Energy Information Administration. It is an original summary and analysis, not a reproduction of the source text. Figures and claims are limited to those present in the source material.
LNG imports make up increasing share of Colombia's natural gas supplyGlobal Freight Briefing
The commodity and freight brief, twice weekly
Concise coverage of fuel oil, energy trading and shipping markets for professional readers. No promotional content.
Related coverage
Related blogs
Further reading across commodity trading, energy and oil markets, fuel oil and shipping logistics.
- Market Intelligence
Wood Mackenzie Forecasts Structural Decline in Conventional Bunker Demand
Demand for traditional marine fuel oil is entering a structural downturn as liquefied natural gas displaces oil-based bunkers, according to Wood Mackenzie.
- Market Intelligence
Gulf LNG Exporters Deploy Ship-to-Ship Transfers Amid Hormuz Disruption
Qatar and the UAE are utilizing ship-to-ship cargo transfers to maintain liquefied natural gas deliveries following ongoing transit disruptions in the Strait of Hormuz.
- Shipping & Ports
MMMCZCS Study Highlights Marine Ethanol Usability and Blend Potential
A study by the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping indicates ethanol and ethanol-MGO blends offer viable pathways for maritime decarbonisation.
- Commodity Trading
Alkagesta Agrees Energy Petrol Deal in Türkiye, Adding Its First Vessels
The energy trader says its agreement to acquire the Turkish marine-fuel distributor includes eight vessels and expands its direct supply capabilities. Financial terms were not disclosed.
- Shipping & Ports
Black Sea Tanker Rates Rise on Regional Risks as Baltic Spreads Widen
Tanker freight rates in the Black Sea surged in late September and early October, while Baltic Aframax spreads fell deeper into discount territory against global benchmarks.
- Commodity Trading
The 10 Best Commodity Trading Companies in 2026: Owners, Origins and Track Records
Who owns the world's biggest trading houses, where they started, and what their sanctions and investigation records show — the ten firms that defined commodity trading going into 2026.