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.
Because the MinEnergia research institute (UPME) thinks we need more gas imports. We thought our readers might appreciate seeing some of the UPME’s graphs that, in their professional opinion, mean that another re-gasification plant is necessary. The source for all these graphs is the UPME. All we have done is translate the labels and titles – and provide commentary.