The president of Fedebiocombustibles, Jorge Bendeck, spoke about the impacts of tariffs in the biofuels sector.
Nearly 330 TransMilenio buses will be replaced, after authorities announced the beginning the renewal of the system’s fleet.
Experts are concerned about the future of the Fuel Price Stabilization Fund (FEPC), which could reach a CoP$19B deficit this year.
Colombia’s ethanol industry has been competing with the American ethanol market, which unlike the national industry, has a subsidy that is now affecting local producers.
The government had recently announced modifications to the National Development Plan (PND), including an article that could lower the Value Added Tax (VAT) on gasoline and diesel. But will Colombians have cheaper gasoline?
The Fuel Price Stabilization Fund (FEPC) deficit has been one of the main issues in recent years, as it continues to grow without a possible solution. However, this deficit could have a considerable reduction.
It has been some time since we looked at Colombia’s downstream sector so this week we update some of our charts.
The government agreed to modify the National Development Plan (PND), including an article that could lower the Value Added Tax (VAT) on gasoline and diesel. Will this impact gasoline prices?
The National Federation of Freight Transporters (Fedetranscarga) warned that the new National Development Plan (PND) will increase gasoline prices. Here is their suggestion to deal with the issue.
Colombian authorities continue to insist on the construction of a new regasification plant in Buenaventura, although some experts have expressed their rejection of this alternative. The Mining and Energy Planning Unit (UPME) spoke about this project.