Ecopetrol, Colombia’s state-owned oil company, is considering large-scale fracking operations to combat dwindling natural gas reserves. Luis Felipe Henao, Chairman of Ecopetrol’s Board, stated the country needs to move beyond pilot projects and begin exploiting unconventional deposits. This announcement signals a potential shift in Colombia’s energy policy, as fracking has been a contentious issue due to environmental concerns. The move comes as Colombia faces increasing pressure to secure its energy future and reduce reliance on imports. Ecopetrol believes utilizing unconventional resources is crucial to meeting the country’s energy demands. The decision is likely to spark debate among environmental groups and policymakers regarding the potential risks and benefits of hydraulic fracturing. Further details on specific locations and timelines for potential fracking projects have not yet been released.

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