Office of the Minister of Mines and Energy

Ministra de Minas y Energía


María Fernanda Suárez Londoño
Ministry of Mines and Energy

She is a Business Administrator from the College of Superior Studies in Management (CESA) and has a Master's Degree in Management of Public Policies from the University of Georgetown.

She has over 20 years of experience within the public and private sectors. Starting in year 2015, she acted as the Vice-President for Strategies and Finances of Ecopetrol, from where she led the efficiency plan of the company that has positioned it as one of the most profitable and resilient within the industry.

She has served as Director of Public Credit and National Treasury in the Ministry of Finance; Vice-President of Investment for the Porvenir Pension Fund and has also been a Citibank, Abn Amro and Bank of America executive.

She participated in the Boards of Directors of ISA, Isagen, XM, FDN, Cenit and Ocensa, among other company. She has given lectures on Leadership and International Finances.

Duties

According to Decree 381 of 2012

Article 5. The duties of the Office of the Minister of Mines and Energy, established by the Political Constitution in Article 61 of Law 489 of 1998 and any other currently valid legal norms, are the following: 

  1. Adopt the policy concerning mining, electrical energy, nuclear energy, radioactive materials, alternate energy sources, hydrocarbons and biofuels.

  2. Coordinate the implementation of sector policy by the entities that are attached and affiliated to the mining and energy sector.

  3. Approve the plans, programs and projects for the development of the mining and energy sector of the country, acting according to the national development plans and the policy of the National Government.

  4. Issue sector regulations for exploration, extraction, transportation, refining, distribution, processing, benefit, commercialization and export of non-renewable natural resources and biofuels.

  5. Define prices and rates for gasoline, diesel fuel (ACPM), biofuels and any mixtures of the above.

  6. Direct the process for issuing energy regulations.

  7. Issue the technical regulations on production, transportation, distribution and commercialization of electricity and fuel gas, their uses and applications.

  8. Adopt the general expansion plans for energy generation and for the interconnection network as well as establish criteria for the planning of transmission and distribution.

  9. Adopt expansion plans for the public utility services of electricity.

  10. Establish exclusive service areas to provide public utility services for the distribution of domestic electricity and fuel gas through the network as well as entering into contracts with the bidders selected for rendering services in said areas.

  11. Adopt the policies for the Solidarity Fund and the Subsidies for Income Redistribution (FSSRI), according to currently valid provisions.

  12. Acknowledge and order the payment of compensations for the transportation of liquid petroleum derivatives to wholesale fuel and liquefied gas distributors, consistent with what has been established by paragraph 1 of article 9 of Law 1118 of 2006.

  13. Participate in the administration committees that allocate the resources from the Funds managed by the Ministry.

  14. Direct the duties of supervising the exploration and extraction of deposits or delegate them to an entity within the sector.

  15. Direct the activities related to the subsoil cartography and knowledge or delegate them to an entity within the sector.

  16. Dictate the norms and regulations for the safe handling of nuclear and radioactive materials inside the country.

  17. Guarantee the exercise of internal control and supervise its effectiveness and compliance with its recommendations.

  18. Distribute the overall staff positions of the Ministry according to the structure, needs, plans and programs of the organization.

  19. Any other assigned duties.