Ecopetrol announces gas sales for the coming years

This Ecopetrol press release was published in English using an automatic translation system.

Ecopetrol has begun the commercial process of selling natural gas available for the coming years, coming from the Cusiana, Cupiagua and Cupiagua Sur fields, in the department of Casanare. The sale of these quantities will be carried out taking into account the current regulatory provisions and will follow a process that guarantees the attention to essential demand in the following years.

The decision to sell the energy product responds to Ecopetrol's interest in transmitting a message of security to the natural gas market in the country, through a long-term position that allows distributors and agents to secure the quantities they require for the coming years.

Long-term contracts allow market agents to secure quantities of natural gas to meet their demands, through contracts that guarantee firmness in supply on a daily basis. This is achieved thanks to the measures issued by the National Government and the regulator, related to the flexibility of natural gas marketing rules.

This measure benefits the entire chain, mainly distributors that serve essential demand, that is, the residential sector, the national transport system, small businesses and vehicular natural gas.

“Ecopetrol is committed to supplying natural gas in the country, to ensure a stable supply over the next three years. In this way, we reaffirm our commitment to energy security and the fulfillment of our obligations to our clients,” said David Riaño, Executive Vice President of Energies for the Transition.

Agents interested in participating in this process must express their interest before March 14, 2025, in accordance with the conditions established on the website www.ecopetrol.com.co , interest groups section, in the clients/business suppliers tab, “Natural Gas Commercial Information”.

In the coming weeks and once the regulator issues new sectoral measures that it has announced, Ecopetrol will be able to offer the market additional quantities backed by national or imported gas.