Market
Environmental impact outcomes for Sirius-2 by end of 2025?
2
Resolution / Starting Odds
No significant impact • 25%
Moderate impact with mitigation measures • 25%
Significant impact requiring major changes • 25%
Project halted due to environmental concerns • 25%
Environmental reports or assessments published by Colombian government or independent agencies
Story
Petrobras and Ecopetrol Confirm Largest Gas Discovery in Colombia, Tripling Reserves
Dec 5, 2024, 02:32 PM
Petrobras and Ecopetrol have confirmed the largest gas discovery in Colombia's history, located in the Sirius-2 well in the Guajira Offshore Basin, approximately 77 kilometers from Santa Marta. The discovery contains over 6 trillion cubic feet of gas, which could potentially triple Colombia's gas reserves. This development comes at a critical time as Colombia faces a projected 30% gas supply gap by 2026.
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Relaxed Regulations • 25%
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Coverage expansion announcement • 25%
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