News and AnalysIs for

The government has already begun to give clues about what it would be willing to eliminate from the tax reform.

The Ministry of Mines and Energy (MinEnergia) issued a resolution to encourage the production of non-renewable natural resources.

The Inspector General announced its ruling in the investigation for fiscal responsibilities in the process of expanding the Cartagena Refinery (Reficar).

The project to build the Pacific Regasification Plant continues to attract detractors.

Ministers of Mines and Energy (MinEnergia), Diego Mesa, and Environment (MinAmbiente), Carlos Correa, spoke about the new taxes contemplated in the tax reform.

Senator Jose David Name organized a debate on political control over the Pacific Regasification Plant.

The tax reform plans to increase the VAT on gasoline. Experts spoke about the estimate of the increase in prices.

Naturgas joined the Bogota Clean Air Patc.

Campetrol’s Nelson Castañeda spoke about Fracking Pilot Projects (PPII), renewable energies and oil and gas reserves.

We do not have companies’ 1Q21 results but we can update our chart for 4Q20 and the trend we identified last time continues: higher Brent means a lower Vasconia offset. So a double benefit from higher Brent for Colombian E&Ps.