Over the past few months we have published a few articles on petrochemicals in Colombia (and a seemingly endless stream of articles in Hydrocarbons Mexico). It is clearly a significant political issue even if the economics may be questionable in some circumstances.
The proposal to build a new regasification plant in the Colombian Pacific has generated much controversy and opinion on the suitability of this project for the country. A new chapter in this controversy is beginning.
Miguel Novoa, leader of the USO SUO spoke about the supposed ‘fear-based policy’ that Ecopetrol (NYSE: EC) uses to frighten its employees.