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Colombia’s production model is getting stale says expert

Wednesday, October 15th, 2014 Category: Regulations & Policy

Colombia’s model for managing the hydrocarbons industry might have brought positive results over the last 10 years, but it is losing force in today’s scenario, with the sector losing its competitive edge due to license delays, security problems and social conflicts, says the director of the Interamerican Development Bank (IDB) oil & gas strategic studies program, Ramón Espinasa.

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