Energy

Ecopetrol CEO Eyeing Venezuelan Supply of Gas, Fertilizers

Ricardo Roa, chief executive officer of Ecopetrol SA.Photographer: Nathalia Angarita/Bloomberg

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By Andrea Jaramillo

March 17, 2026 at 5:59 PM UTC

Colombia’s state-controlled Ecopetrol SA is assessing opportunities in Venezuela where an economic reopening could revive cross-border energy trade, Chief Executive Officer Ricardo Roa said.

Roa pointed to potential investment opportunities in Venezuela that could reach $100 billion, telling La República that the Ecopetrol Group could play a role given its experience in oil and gas, as well as electricity through its Interconexion Eléctrica SA unit.