Colombia regulator flags possible termination of 15 Canacol gas contracts amid insolvency

Colombia's Superintendence of Companies warned that 15 gas supply contracts with Canacol Energy may be terminated as the company pursues cross-border insolvency proceedings in Canada. The move threatens gas supply stability in Colombia, where Canacol is a key producer. The outcome depends on the Canadian court's handling of the insolvency and any restructuring plan.