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Marcela Amaya, Governor of Meta, showed her concern about the royalties’ distribution for the coming years. She contradicted some of the María Fernanda Suarez, Minister of Mines and Energy (MinMinas), comments about the budget for the region.

According to the National Hydrocarbons Agency (ANH), Colombia is finally ready to start pilot projects for the development of unconventional resources.

After a few debates in the Senate, the Ministry of Finance (MinHacienda) and the Ministry of Mines and Energy (MinMinas) confirmed how next year’s royalties’ budget will be allocated. These and other stories in our periodic Royalties summary.

The countdown for 2019 officially started and the government will soon have to decide on the new royalties’ budget for the regions.

Dear A: Thanks for the Don Julio Reposado the other night in your apartment. It was the perfect antidote to a damp and cold Bogotá night. I looked up the El Tiempo anti-fracking article that had disturbed you so much and it was full of so many half-truths and complete falsehoods, that I wrote this letter to clarify it for you.

Authorities announced that important projects will be developed in the departments of Caldas, Casanare and Norte de Santander, among others. However, corruption is still an issue in the department of Chocó. These and other stories in our periodic Royalties summary.

The Colombian government implemented a new General System of Royalties (SGR) in 2012, and one of the main goals was to improve the administration of these resources. However, some regions still have problems with these resources.

The Vice Minister of Mines and Energy (MinMinas), Carolina Rojas, took the stage of the VIII Canada – Colombia Forum to talk about royalties, communities and the mining industry. We attended so our Bottom-Line goes beyond the MinMinas press releases.

Humberto Calderon Berti, consultant and former president of PDVSA, spoke about Colombia oil potential. He gave some recommendations to improve the competitiveness of the Colombian sector.

The Ministry of Mines and Energy (MinMinas) spoke about the energy transition process’ benefits in Colombia. María Fernanda Suarez, MinMinas, highlighted the role of natural gas in this process.