The proposal to build a new regasification plant in the Colombian Pacific has generated much controversy and opinion on the suitability of this project for the country. A new chapter in this controversy is beginning.
The increase in oil prices in recent months can generate several benefits in financial terms for the country. However, public finances will not be the only beneficiaries of this new price environment, as some believe it could boost several key infrastructure projects for the Colombian oil sector, such as the Bicentenario pipeline expansion.
The decline of natural gas fields in the Catatumbo region, which supplies this fuel to Cúcuta and its surroundings, worries authorities. This project could save gas service in the area.
There are divided opinions around the Pacific regasification plant, as the government and gas Associations seem to be on different pages when it comes to this issue.
The construction of Reficar generated many debates in the country, but this facility has demonstrated its relevance for Colombia in a short time. Ecopetrol (NYSE: EC) is analyzing investment alternatives in Reficar.
With seven new infrastructure projects, the Ministry of Mines and Energy (MinMinas) looks to strengthen the reliability of natural gas supply in Colombia.
Ecopetrol (NYSE: EC) announced its energy plans for key oil fields in Colombia. The company has great expectations about the results of this strategy.
The company announced measures to improve its service in the Colombian Caribbean.
The project would represent important savings for the country, according to former Vice President, General Oscar Naranjo.
One of the challenges of the next government, is to connect Cartagena’s Refinery (Reficar) with Barrancabermeja’s Refinery through a pipeline.
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