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Comptroller says Ecopetrol and Meta Petroleum Corp Court ruling could cost state US$13M

Tuesday, May 14th, 2013 Category: Regulations & Policy
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Comptroller says Ecopetrol and Meta Petroleum Corp Court ruling could cost state US$13M

The Quifa/Pacific Rubiales/Ecopetrol story never dies! Now the Comptroller General (a kind of Auditor General) weighs in on the March 13, 2012 ruling to emphasize the difference in current WTI prices versus the historic prices, and therefore the Colombian state risks losing US$13M.From a Comptroller General press release, translated and with commentary by Hydrocarbons Colombia

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