Ecopetrol S.A. and Refinería de Cartagena S.A.S. Execute Agreement with the Nation for the Outstanding Payment of the FEPC Corresponding to the First Quarter of 2025
BOGOTÁ,
- Through Resolutions 00368 and 00369 dated
March 31, 2026 , the Hydrocarbons Directorate of the Ministry of Mines and Energy ordered the payment of the outstanding balance of the Fuel Price Stabilization Fund ("FEPC") for the first quarter of 2025, for a total amount ofCOP 1.6 trillion , of whichCOP 1.2 trillion is attributable to Ecopetrol S.A. andCOP 0.4 trillion is attributable to Refinería de Cartagena S.A.S. - Ecopetrol S.A., Refinería de Cartagena S.A.S., and the Government of the
Republic of Colombia (the "Nation"), represented by the Ministry of Finance and Public Credit, have entered into a payment agreement under which the Nation undertakes to pay the outstanding balance of the FEPC account corresponding to the first quarter of 2025. The payment is expected to be made in accordance with the terms set forth below:Payment Date
Amount (COP)
Payment Method
April 1, 2026 2,891,901,795.00
Cash transfer
December 15,2026 1,555,514,748,090.21
Treasury Securities (TES) issued
by theRepublic of Colombia - Under this agreement, the Nation acknowledges in favor of Ecopetrol S.A. and Refinería de Cartagena S.A.S. the cost associated with the time elapsed between the execution of the agreement and the payment scheduled for
December 2026 . - Additionally, this agreement confirms the Nation's acknowledgment of its payment obligation and highlights the joint efforts of Ecopetrol and the Government.
The Ecopetrol Group continues to work in close coordination with the Ministries of Finance and Public Credit and of Mines and Energy — the authorities responsible for fuel pricing policy — in the implementation of payment mechanisms and the reduction of FEPC balances.
Ecopetrol is the largest company in
This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the
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Investor Relations Office
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SOURCE Ecopetrol S.A.
