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Ecopetrol says a drop of CoP$1000 at the pump means company loss of US$1.75B

Tuesday, September 3rd, 2013 Category: Regulations & Policy

Ecopetrol’s president Javier Gutiérrez says that the NOC’s refining business is already operating at a lost in some cases and a drop in the final price between CoP$1000-2000 would mean losses for the company around US$1.75B.

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