Market
How will Sirius-2 discovery influence Colombia's energy policy by end of 2026?
2
Resolution / Starting Odds
Increased focus on gas exports • 25%
Shift towards renewable energy • 25%
Balanced energy strategy • 25%
Focus on domestic energy security • 25%
Official policy documents from the Colombian government, energy sector reports
Story
Petrobras and Ecopetrol Announce Sirius-2 Gas Discovery with 6 Tcf in Colombia
Dec 5, 2024, 05:45 PM
Petrobras and Ecopetrol have announced the largest natural gas discovery in Colombia's history. The Sirius-2 well, located in the Guajira Offshore Basin, contains over 6 trillion cubic feet of gas. This discovery has the potential to triple Colombia's current gas reserves, increasing them by 200%. The find is situated 77 kilometers off the coast of Santa Marta. Testing is ongoing to confirm the commercial viability of the reserves, with first production expected by the end of the decade. The discovery comes at a critical time as Colombia faces a 30% gas supply gap by 2026.
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More than 40% • 25%
Less than 20% • 25%
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Significant impact requiring major changes • 25%
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Moderate impact with mitigation measures • 25%
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Significant growth • 25%
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