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Colombia says Venezuela's PDVSA plans to end pipeline contract with Ecopetrol

ReutersMar 14, 2026 5:36 PM

BOGOTA, March 14 (Reuters) - Colombia's Energy Minister Edwin Palma said Venezuela's state oil company PDVSA intends to end a contract with Colombia's Ecopetrol over the Antonio Ricaurte pipeline, saying there was insufficient investment to repair it.

In a post on X on Saturday, Palma said the government plans to meet with the U.S. government on Monday to discuss lifting sanctions, aiming to normalize commercial relations with Venezuela. Palma also said Colombia has approved licenses to resume imports of 1.26 million gallons of liquefied petroleum gas per month from Venezuela.

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