AGP Executive Report
Last update: 12 hours agoEnergy Shock in Colombia: Colombia began scheduled natural gas rationing after a technical failure at the SPEC LNG regasification terminal in Cartagena reduced imported gas delivery capacity; the Ministry of Mines and Energy said essential users, thermal power and key refinery supply get priority while corrective work continues. Offshore Gas Push: Petrobras may add the Sirius deepwater gas project to its 2027–2031 business plan, pending an environmental license and required community consultations with ethnic groups, with Ecopetrol as the local partner. Diplomatic Rift With Iran: Colombia severed diplomatic relations with Iran over security and nuclear-related concerns; Iran rejected the claims as “baseless,” accusing Colombia of acting under US and Israeli influence and warning it will take “necessary measures.” Drug Enforcement: Colombia extradited an alleged FARC dissident drug-trafficking leader (“Spider”) to the US under President Abelardo de la Espriella, marking the first senior illegal armed group commander extradition in his term. Bogotá Fintech Alarm: Bogota’s “Smart City” tax reform draft is raising fintech concerns over higher rates on major financial activities and how the ICA is calculated, with startups worried about investment and early-stage revenue pressure.
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