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Colombia Seeks a US Sanctions Exemption to Invest in Venezuelan Energy Projects

Colombia seeks U.S. Treasury license to invest in Venezuelan energy and restart a pipeline inactive since 2019 to secure energy supplies, officials said.

Summary by WKYC
Colombia says it is seeking a license from the U.S. Treasury Department to invest in several electricity and natural gas ventures in Venezuela. This could include...

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Colombia seeks a US sanctions exemption to invest in Venezuelan energy projects

Colombia says it is seeking a license from the U.S. Treasury Department to invest in several electricity and natural gas ventures in Venezuela.

·United States
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Edwin Palma, Minister of Mines and Energy of Colombia. Image: Ministry of Mines and Energy Edwin Palma, Minister of Mines and Energy, opened a new front for discussion in the energy sector by mentioning that the possible import of gas from Venezuela could reconfigure the supply map in Colombia, including the economic viability of strategic projects such as Sirius. It is that in the midst of a structural gas deficit that the country has been drag…

Colombia's interest in Venezuelan natural gas was revived in 2022, when Petro was elected president and restored diplomatic relations with Venezuela.

·Mexico
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Proceso broke the news in Mexico on Tuesday, March 17, 2026.
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