The decision of the State Council to maintain the suspension on fracking generated many reactions in the country. Government leaders and industry experts talked about this decision.
Maybe we should not have been so hopeful. Maybe this was always doomed. It is always easier to say ‘No’ than take a chance on ‘Yes’. No one ever knows the consequences of saying ‘No’, the road not taken.
The firm spoke about Colombia’s options to assure gas self-sufficiency, now that the State Council is about to make a decision on fracking.
Promigas wrote a report on the natural gas sector in Colombia, explaining how key issues such as coverage, local distribution rates and transportation costs can affect prices for Colombia’s different economic strata.
Natural gas reserves have raised concerns about the possibility of losing energy self-sufficiency in the medium term. Maria Fernanda Suarez, Minister of Mines and Energy (MinEnergia), spoke on this issue and the government’s efforts to solve the problem.
Colombia continues to analyze and discuss the possibility of developing unconventional deposits. Promigas made an analysis about shale gas and the country’s offshore potential.
The Ministry of Mines and Energy (MinEnergia) reported natural gas production figures for July 2019. Maria Fernanda Suarez, MinEnergia, talked about the behavior of this important metric and self-sufficiency.
Canacol Energy (TSX: CNE) is betting heavily on the natural gas market, making large investments in the country. The results are beginning to be seen, as the company reported record natural gas sales recently.
Natasha Avendaño, Superintendent of Public Services, participated in the Second International Propane Congress. She talked about the relevance of public and private entities to expand propane service in the country.
Industry expert, El Lathy Safa, took the stage of Gasnova’s Second International Propane Congress, to explain why the government needs to increase propane coverage in Colombia.
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