Colombia Seeks US Sanctions Waiver for Venezuelan Energy Investments

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Colombia Seeks US Sanctions Exemption for Venezuelan Energy Investments

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News18•18-03-2026, 00:30

Colombia Seeks US Sanctions Exemption for Venezuelan Energy Investments

•Colombia is requesting a US sanctions exemption to invest in Venezuelan electricity and natural gas projects.
•The exemption would allow for the potential reopening of a gas pipeline between the two South American nations.
•Colombia's state-run oil company Ecopetrol is consulting with US officials on regulatory requirements.
•President Gustavo Petro has been a vocal critic of US sanctions on Venezuela, blaming them for the economic crisis.
•The US has been easing sanctions on Venezuela's oil industry, allowing some US companies to trade Venezuelan oil.

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