Colombia fracking investment needs $10-15bn to close 35% gas deficit

Colombia faces a gas deficit of up to 35%, and industry experts estimate that developing fracking (hydraulic fracturing) would require investments between $10 billion and over $15 billion. The statement from the Colombian Association of Energy Geologists and Geophysicists highlights the scale of investment needed to address the shortfall, though policy and regulatory hurdles remain. This underscores Colombia's energy security challenge and potential shift in its hydrocarbon strategy.