Thursday, June 21st, 2018
Mauricio Cárdenas, Minister of Finance, announced the last Medium Term Fiscal Framework of the current government, with good prospects. The State revenues from the oil sector could increase considerably in the coming years.
The National Hydrocarbons Agency (ANH) plans to offer new oil blocks to boost the oil exploration and production in the country. The agency has been working on this program for several years. The government’s hopes are in some basins and the next Minister of Energy and Mines (MinMinas) will play a key role in this process.
The Ministry of Finance (MinHacienda) updated the Medium Term Fiscal Framework to reflect the recovery of oil prices. Expectations about oil exports are positive for the short term.
The governor of Boyacá, Carlos Amaya, called for the temporary and immediate suspension of a contract for an alleged fracking project in the department, and asked the National Hydrocarbons Agency (ANH) to educate the community about it.
The Ministry of Mines and Energy (MinMinas) spoke about its ‘Building Territory’ project, which seeks to bring industry and communities closer together.
Colombian authorities want to boost the oil exploration and production in the country to guarantee energy self-sufficiency over the long term. The National Hydrocarbons Agency (ANH) announced projects to achieve this goal and the Tax Refund Certificate (CERT) plays a key role.
As we reported on Monday, Ivan Duque (Centro Democratico) won the presidential elections against leftist Gustavo Petro. The Colombian Petroleum Association (ACP) spoke about his challenges as Colombia’s new president.
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