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You are at:Home » Update on the VAT proceedings related to fuel imports – Ecopetrol (NYSE:EC)
Commodities

Update on the VAT proceedings related to fuel imports – Ecopetrol (NYSE:EC)

News RoomNews RoomJan 23, 2026 8:16 pm EST0 ViewsNo Comments3 Mins Read
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BOGOTA, Colombia, Jan. 23, 2026/ PRNewswire/– Ecopetrol S.A. (( BVC: ECOPETROL, NYSE: EC) (the “Business” or “Ecopetrol”) reports that on January 22, 2026, the Colombian National Tax and Customs Authority (” DIAN”) informed Ecopetrol of Resolution 000571 (the “Resolution”), in accordance with its analysis and customizeds treatments. By methods of this Resolution, DIAN validated its previous choice released in the Authorities Correction Evaluation 6224-2078 outdated August 25, 2025, which mandated the payment of specific Worth Included Tax (BARREL) on fuel imports and a charge, which together total up to POLICE 5.3 trillion, plus interest for late payment, accumulated in between 2022 and 2024.

As formerly interacted, Ecopetrol has actually revealed its dispute with DIAN’s choice and analysis of the laws. Considered that such distinction in regulative analysis in between DIAN and the Business stays, Ecopetrol anticipates to pursue the suitable legal actions in accordance with existing tax and customizeds guidelines.

This legal conflict has actually been handled in a collective way and within a structure of joint work in between the business and the tax authority. Ecopetrol declares its dedication to totally abide by its customizeds and tax responsibilities and will appreciate the choices released by the qualified authorities in solving this matter.

————————————-

Ecopetrol is the biggest business in Colombia and among the primary integrated energy business in the American continent, with more than 19,000 workers. In Colombia, it is accountable for more than 60% of the hydrocarbon production of a lot of transport, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas circulation sectors. With the acquisition of 51.4% of ISA’s shares, the business takes part in energy transmission, the management of real-time systems (XM), and the Barranquilla – Cartagena seaside highway concession. At the worldwide level, Ecopetrol has a stake in tactical basins in the American continent, with Drilling and Expedition operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission service in Brazil, Chile, Peru, and Bolivia, roadway concessions in Chile, and the telecom sector.

This release includes declarations that might be thought about positive declarations within the significance of Area 27A of the U.S. Securities Act of 1933, as changed, and Area 21E of the U.S. Securities Exchange Act of 1934, as changed. All positive declarations, whether made in this release or in future filings or news release, or orally, address matters that include dangers and unpredictabilities, consisting of in regard of the Business’s potential customers for development and its continuous access to capital to money the Business’s service strategy, to name a few. As a result, modifications in the list below elements, to name a few, might trigger real outcomes to vary materially from those consisted of in the positive declarations: market value of oil & & gas, our expedition, and production activities, market conditions, suitable guidelines, the currency exchange rate, the Business’s competitiveness and the efficiency of Colombia’s economy and market, to discuss a couple of. We do not plan and do not presume any commitment to upgrade these positive declarations.

For additional information, please contact:

Financiers Relations Workplace
Email: [email protected]

Head of Corporate Communications ( Colombia)
Marcela Ulloa
Email: [email protected]

SOURCE Ecopetrol S.A.

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