Ecopetrol S.A. is currently unable to acquire the Venezuelan-owned fertilizer producer Monomeros Colombo Venezolanos or purchase natural gas from Venezuela. This restriction is due to existing U.S. sanctions, as confirmed by the company's chairwoman, Monica de Greiff, on September 4, 2025.
The inability to engage in these transactions represents a significant geopolitical constraint for Ecopetrol. It prevents the company from pursuing potential strategic acquisitions and diversifying its natural gas supply sources from a neighboring country.
This regulatory barrier impacts Ecopetrol's strategic flexibility and its efforts to secure energy resources and expand its business operations in the region.
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