IAHL Corporation (IAHL)

[Gators12]

Despite its significant potential, Colombia’s energy sector is heading towards a major natural gas shortage by next year.

The oil and gas market is the key to Colombia’s national revenue, accounting for roughly 10% of GDP and 20% of exports. However, decreasing onshore production, delayed start-up of new offshore discoveries and President Gustavo Petro's focus on renewable energy are creating ongoing challenges in the sector.