Colombia’s Growing Gas Imports Support Midstream Infrastructure

What: Colombia's declining domestic gas production and increased LNG imports are driving demand for midstream infrastructure.
Why: Regulated pass-through mechanisms and resilient collections will support stable credit profiles.
Signal: Fitch Ratings expects a stable outlook for midstream gas infrastructure in Colombia.
Target: Midstream gas infrastructure investments will focus on expanding capacity and improving efficiency.
Risk: Dependence on imported gas poses a risk to Colombia's energy security and midstream infrastructure's financial stability.