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.
Representatives of the sector have been giving their opinion on the alternative of developing oil projects through fracking. German Espinosa, President of the Colombian Chamber of Goods and Services (Campetrol) spoke about this option and its implications in the country.
The offshore industry is preparing to start operations in Colombia and local authorities in Cartagena announced that a gas exploration platform is ready to start working in the country. There are high expectations in the cities of the Colombian coast about the offshore sector’s benefits.
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