How many years of natural gas remain in Colombia, according to the ANH?

A few days ago, a report on Contingent Hydrocarbon Reserves and Resources was released, which was presented by the National Hydrocarbon Agency (ANH) at the end of 2023.year in which there were fewer in the country oil and of course natural gas.

Taking this scenario into account, the outlook is a bit complex, since if no new discoveries are reported and considering the consumption of residents throughout the national territory, These reserves would run out in a short time. What you should know about this topic.

How many years of gas does Colombia have left, according to experts

Reduction in gas levels in Colombia.

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In statements provided for The Time, Orlando Velandiapresident of the ANH, stressed that this decrease was consequent to a drop in the price of oil and also the increase in national production, which would also have an impact on natural gas.

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The situation is a little worrying, since the proven reserves would last 6.1 years. It means that self-sufficiency decreased significantly taking into account the values ​​known two years ago. It is added that the 2023 measurement added 2.37 cubic tyrapies, equivalent to a drop of 16% compared to the 2.82 cubic tyrapies corresponding to previous periods.

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Velandia indicated that these decreases are due to reclassifications and technical reviews, which exceeded the amount of discoveries.. In other words, last year additional reserves could not be added with the idea of ​​​​compensating the consumption of Colombian residents.

How many years of gas does Colombia have left?

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Keep in mind that the majority of natural gas reserves that exist in the country are located in the Eastern Cordillera, in the Guajira Offshore and of course the Interior Magdalena Valley.

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With the intention of solving this contingency, Andrés Camacho, Minister of Mines and Energy confirmed that a total of 15 measures will be put into operation to guarantee security in this area for the entire country.

In addition, the official highlighted that in the last decade a total of 48 discovery notices have been made, of which 31.25 of them have been registered in the last two years.