According to Jaime Concha, Vice President of Mining, Hydrocarbons and Energy at the National Association of Colombian Entrepreneurs (ANDI), companies are betting on an agreement that seeks to explore reserves in Putumayo (Amazonas).
The Ministry of Mines and Energy (MinMinas) and the National Hydrocarbons Agency (ANH) presented the “Sinú San Jacinto 2017 competitive process” at an event in Bogotá.
Ecopetrol (NYSE: EC) proposed a test to counter the myths around unconventional techniques in Colombia. This generated a great debate between several entities and some organizations are against the proposal.
The offshore sector is the great hope of the Colombian government to guarantee self-sufficiency in the long term (at least in gas). Authorities are working on the regulation to approve the development of these projects and Luis Gilberto Murillo, MinAmbiente, spoke on this topic.
Detractors and defenders of fracking gave their opinion on this technique in afact-based debate.
The Alianza Colombia Libre de Fracking (ACLF) made a complaint against ConocoPhillips (NYSE: COP), saying the company is carrying out fracking activities.
The hopes of the Colombian government are in offshore projects to guarantee the country’ self-sufficiency. Juan Manuel Santos, President of Colombia, spoke about the level of offshore investments in Colombia.
The industry sees the development of unconventional fields as the highest probabilitysolution to increase the country’s reserves and production in the medium term. Ecopetrol (NYSE: EC) made a proposal to eliminate the myths about the industry.
Communities have protested and made blockades in the municipality of Guamal (Meta) for the development of the exploratory project Trogón-1 of Ecopetrol (NYSE: EC). Authorities were present in the area to control the situation.
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