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 project would represent important savings for the country, according to former Vice President, General Oscar Naranjo.