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The Colombian government announced a tariff reduction for natural gas vehicles (NGV). Industry Associations and representatives spoke on the matter.

Losing self-sufficiency is still a cause for concern among authorities. Maria Fernanda Suarez, Minister of Mines and Energy (MinEnergia), spoke about what Colombia loses if natural gas reserves are gone.

This year’s Oil and Gas Summit took place in Bogotá, providing a space for industry experts to discuss relevant issues like Colombia’s energy transition process. HCC attended the event.

Canacol Energy (TSX: CNE) is betting heavily on Colombia’s natural gas market; its large investments in exploration and infrastructure translated into positive results in terms of sales.

The Colombian Association of Natural Gas (Naturgas) talked about the figures of converted cars to natural gas during this year, highlighting positive results.

The costs of transporting, distributing and commercializing gas in Colombia are far from being competitive, said María Luisa Chiappe, executive president of the Colombian Association of Industrial and Commercial Energy Consumers (Asoenergía).

María Luisa Chiappe, President of the Colombian Association of Large Energy Consumers, (Asoenergía), spoke about natural gas imports, forced purchase of renewable energies and the country’s energy competitiveness.

Ecopetrol (NYSE: EC) started developing three blocks together with Anadarko (NYSE: APC), which returned the operation of these assets. The NOC is now looking for new partners for to develop the areas.

The Comptroller General (CGR), through the Royalties Unit, found possible irregularities in the development of the Natural Gas Massification System (SMGN) project in the department of Chocó.

Promigas is developing a pipeline on the Colombian Caribbean coast, but the company has a legal problem blocking this important project.