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MinMinas agrees to change gas formula, ACP irate

Wednesday, December 2nd, 2015 Category: Regulations & Policy

The Minister of Mines and Energy Tomás González said the government has agreed to link the natural gas price for the Caribbean coast to the WTI crude oil price index and to start infrastructure work to connect the region. Meanwhile the Colombian Petroleum Association (ACP) blasted the pricing modifications as a change of the rules, and questioned what would happen when WTI rises again.

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