Billed as one of the most modern ports the country will have, the Barrancabermeja port is nearly finished and could start operations in January 2017 at full capacity.
The graph shows the history of contracts signed by the National Hydrocarbons Agency (ANH). The post-2014 record is not inspiring.
The government is planning to include a “tax return certificate” as part of its offer to the oil and mining industry in its pending tax reform, in an effort to improve company cash flow.
GasThe Regional Autonomous Corporation of Cundinamarca (CAR) and the Association of Colombian Natural Gas (NATURGAS) organized the first forum about Biogas. HCC was present at the event; we bring a brief summary of the meeting.
Pacific E&P is advancing towards the close of its restructuring, and still holds a selection of E&P assets in Colombia, where its central focus will likely remain once the process is complete.
Promigas’ 2016 natural gas sector report found that Colombia has gas reserves for 14.5 years, but by adding imported gas from Venezuela and the country’s first regasification plant, the reserves will last five additional years and reach 19.5 years.
Plans for a Meta refinery under a state firm, Llanopetrol, have been marred by controversy and scandal which have once again surfaced in national and local press.
The Ministry of Environment (MinAmbiente) said that it has formed a special committee in Putumayo which will mitigate the effect of “inadequate practices of hydrocarbons production”. The committee includes 13 mayors and local authorities and institutions.
Celebrating 10 years in Colombia for the firm, Mansarovar Energy CEO Harvinderjit Singh said the company is here to stay, interested in competing for new areas and focusing its efforts on a streamlined and efficient operation.
Further clouding who has authority to allow or restrict extractive activities, the Constitutional Court has ruled municipalities have the right to decide whether extractive activities, mining in this specific case, can take place. National authorities and industry associations have expressed concern.
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