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Minminas Renjifo expresses concern about the ANLA

Wednesday, April 24th, 2013 Category: Regulations & Policy

In an interview with El Espectador, MinMinas Federico Renjifo spoke about oil and environmental licenses, among other topics. Regarding oil production, Renjifo said: “This year we reached 1.014M barrels. This month we reached 1.027M barrels and we can reach 1.033M barrels. It has been a good indicator and the challenge is to maintain that production. We have increased reserves. Colombia requires a reserves increase.” He added that it is necessary to increase exploration, since there has not been a great discovery and current reserves are extracted from small wells.

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