Colombian President Prioritizes Energy Security in New Administration

BOGOTA, Colombia – Colombian President Abelardo de la Espriella pledged on Friday to reinvigorate the nation’s oil and gas sector and bolster the state-owned energy company, Ecopetrol. He emphasized that energy security would form a cornerstone of his administration’s policies.

During his inauguration speech, de la Espriella committed to an energy transition, shifting towards cleaner sources like wind and solar power. However, he stressed that this shift must not compromise the oil and gas industry. He stated, “I believe in the energy transition. But that transition must be built from strength, not from weakness, from self-sufficiency and not from dependence.”

Two girls from the Wayuu Indigenous community play near a wind farm on the outskirts of Cabo de la Vela, Colombia, Feb. 7, 2025. (AP Photo/Ivan Valencia, File)

His stance marks a significant departure from the former President Gustavo Petro’s policies. Petro halted new oil and gas exploration contracts while promoting renewables and prioritizing Amazon protection. Petro’s government also hosted a summit to support a global transition from fossil fuels just four months prior in Santa Marta.

De la Espriella has consistently outlined his intentions to boost oil and gas production throughout his campaign, aiming to reverse key elements of Petro’s energy policy. He described energy security as “a matter of national sovereignty,” asserting that Colombia’s prosperity relies on leveraging its natural resources.

Rebuilding Ecopetrol is a top priority for the new president. He accused the previous administration of undermining the company, which is a major source of revenue and export earnings for Colombia.

An oil vessel is visible in the Caribbean Sea at sunset during a nearby conference aimed at transitioning away from fossil fuels April 28, 2026, in Santa Marta, Colombia. (AP Photo/Ivan Valencia, File)

De la Espriella confirmed plans to authorize fracking, assuring that it will meet the “strictest technical and environmental standards.” His administration aims to expand exploration to bolster reserves, ensure energy security, and attract investment.

He highlighted the critical state of Colombia’s energy system, citing declining reserves, project delays, and increasing electricity demand. With the El Nino phenomenon approaching, which often results in droughts and reduced hydroelectric power, de la Espriella stressed the urgency of addressing these challenges. “The El Nino phenomenon won’t wait for us. To overcome it, it is imperative to implement urgent solutions,” he warned.

The Associated Press’ climate and environmental coverage is supported by private foundations, though the AP retains full editorial control. More information on AP’s standards and supporters is available at AP.org.