Incidents near areas of interest to the oil and gas industry were down to 36, at recent but above long-term averages. Non-Armed-Forces-reported incidents were slightly above average in percentage terms and in absolute terms. This is our indicator of increased guerrilla-initiated activity. Our 4-week Moving Average incident count was down correspondingly at 36.0 and the 52 week average was stable at 31.3 incidents per week.
The focus of Colombia’s government and business sector on exporting hydrocarbons and fuels has hurt the advances of the manufacturing industry as the country focuses on extracting commodities instead of adding value to raw materials says a research report.
The Casanare wing of the Colombian Air Force is leading a joint public service campaign with the Army’s 8th Division and oil producer Equion to combat abuses and attacks of pipelines, focusing on the area near the Bicentennial and Caño Limón- Coveñas infrastructure.
President Juan Manuel Santos has a thin line to walk, saying on one hand that a cease fire with the Farc is out of the question and that the government will not let down its offensive posture, but at the same time saying he “would think twice” before ordering an attack on a Farc leader.
As we have reported previously, the mayor of Monterrey, Casanare had the population whipped up to vote in an anti-oil referendum this coming Sunday. Now Ecopetrol has succeeded in having the vote blocked while judges consider the constitutionality of such a referendum.
GasThe Energy and Gas Regulation Commission (CREG) presented its efforts and the changing face of the gas industry during a recent conference, pointing out how new regulatory policies are helping promote the industry’s effectiveness.
The Colombia-Canada Chamber of Commerce held a session for the oil and gas industry with the ANH’s Javier Betancourt Valle. He was accompanied by vice presidents Nicolas Mejia Mejia (Promotion and Assignment of Areas) and Carlos Mantilla McCormick (Hydrocarbons Contracts).
The U’WA indigenous group, who has been blocking access of repair crews to damaged sections of the Caño Limón – Coveñas pipeline, skipped a meeting scheduled for April 18th with the national government and say they will only meet for a previously established roundtable on the 25th. Meanwhile, the pipeline remains out of service.
Unusual seismic readings in the company’s most important territory of Puerto Gaitan, Meta and a 1Q14 operations update saying that the company’s largest field, Rubiales, will have lower production again this quarter seem to have spooked investors.
Small diameter pipeline says it has added a line of informative sessions in addition to those required for its environmental permit and completed a diploma course that it sponsored for communities in the area of influence.