Mauricio Cárdenas, Minister of Finance (MinHacienda), spoke about current oil prices and its possible benefits in the Colombian economy. Additionally, President Santos spoke about sustainable development to the World Economic Forum in Davos, Switzerland.
The oil sector has presence in several regions of the country. Oil production in Colombia showed stable performance during 2017, but which are the main producing municipalities? Here are the top 10 oil producers during last year.
The Ministry of Mines and Energy (MinMinas) reported annual oil and gas production figures in the country for 2017. The entity highlighted that this metric is above the target for the medium-term, but it decreased compared to 2016.