Colombia Settles COP 1 Trillion Fuel Fund Debt to Ecopetrol

Under Resolution 1492, issued by the Ministry of Finance and Public Credit on June 30, 2026, the payment was split between the parent company and its subsidiary. Ecopetrol received roughly COP 0.8 trillion, while Refinería de Cartagena S.A.S. accounted for the remaining COP 0.2 trillion. The transaction utilizes Class B Treasury Securities (TCO) as the primary instrument for settlement.

This move marks a collaborative effort between the energy giant and national ministries to address and diminish the accumulated debt burden associated with the stabilization fund. Ecopetrol, which produces over 60% of Colombia's hydrocarbons and maintains extensive regional infrastructure, continues to navigate complex regulatory and financial landscapes across its international operations in the Americas.