The earthquake in Colombia could cost much more than the government of Abelardo de la Espriella estimated: there are alarming figures

On August 10, 2026, a magnitude 7.4 earthquake struck Colombia, triggering significant economic concerns. Recent reports from the Banco de Occidente suggest that the financial impact of the infrastructure damage may exceed the initial estimates provided by the government of Abelardo de la Espriella, with current projections indicating alarming costs for the nation.

Separately, the Colombian energy sector is evaluating a potential increase in gas reserves following a discovery in the Caribbean Sea. The new deposit, identified as Sandía and located near the Sirius field, is currently under assessment, with officials awaiting further data to confirm the extent to which it could bolster the country's existing energy supplies.