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President Iván Duque closed this year’s Oil & Gas Summit with a message of optimism, highlighting the sector’s relevance for the economic reactivation process.

Industry experts spoke about their forecasts for 2021, including challenges and opportunities that authorities and the industry have ahead.

The Colombian Petroleum Association (ACP) spoke about the government’s achievements and challenges when it comes to working with the industry to bring the national economy “back to life.”

Members of the National Hydrocarbons Agency (ANH) took the virtual stage of this year’s Oil & Gas Summit to talk about the challenges and opportunities of the Colombian industry, amid the ‘new normal.’

The Colombian Association of Petroleum Engineers (Acipet) explained why it does not agree with the decision of the State Council, to declare null the regulations that establish the criteria and procedures for the development of unconventional resources, including fracking.

We have just finished the Third Oil and Gas Summit (III Cumbre de Petroleo y Gas) and as always it was packed with interesting sessions. While the ANH’s extended workshop on Friday will have the most impact in the short- and medium-term, my candidate for the most important long-term discussion was Thursday’s “Role of the hydrocarbons sector in the framework of the global recovery” (El rol del sector de hidrocarburos en el marco de la recuperación mundial), mostly because it had very little to do with the title.

Ecopetrol’s (NYSE:EC) Vice President of Strategy and New Businesses, Juan Rojas, spoke about the company’s new round.

Former Minister of Finance (MinHacienda), Mauricio Cárdenas, took the virtual stage of this year’s Oil & Gas Summit to discuss the role of the oil sector in Colombia’s energy transition process.

Campetrol’s German Espinoza and the Vice Minister of Mines and Energy (MinEnergia), Miguel Lotero, opened this year’s Oil & Gas Summit. HCC attended the virtual event.

Tomás Gonzalez, Director of the Regional Center for Energy Studies (CREE), spoke about the four possible scenarios that can mark the route for Colombia’s energy transition process.