The director of the Energy Mining Planning Unit (UPME) Jorge Valencia Marín said the entity has identified 12 projects, including a Pacific re-gasification plan, which will be needed to guarantee the supply of natural gas past 2021.
The former president of the Colombian Chamber of Oil Goods and Services (Campetrol) Ruben Darío Lizarralde was optimistic on the potential to develop the Colombian Caribbean waters for offshore oil production, as part of a move to ensure the country’s energy security.
Casanare had been on the media’s radar due to the way their royalties are being handled. It seems like delays, cost overruns and lack of efficiency spread throughout Colombia’s royalty distribution system. Córdoba and Boyacá on the other hand, will benefit from the ‘incentive to production’ projects, financed by MinMinas. These and other stories in our periodic summary.
Another significant change in the leaders of Colombia’s industry associations occurred this week after the Colombian Association of Naturgas named industry veteran Orlando Cabrales as its new president, replacing Eduardo Pizano.
The president of the Colombian Chamber of Oil Goods and Services (Campetrol) Rubén Darío Lizarralde has presented his resignation effective December 31st after two years at the helm of the association. The president of the board of the directors Rose Marie Saab, will also leave.
The National Hydrocarbons Commission (ANH) organized an event to show the public its performance during 2016. HCC was present at the event; we bring a summary of the meeting.
The Mining Energy Planning Unit (UPME) is opening spaces for dialogue with communities, businesspersons and other parties related to the mining sector. The aim is to create a “Mining Development Plan” that includes everyone. HCC was present at the event.
Even with its environmental licenses approved and delivered, Hocol is facing stiff resistance from communities in La Macarena, Meta which accuse the firm of downplaying its project and putting water resources at risk.
The president of the National Hydrocarbons Agency (ANH) Orlando Velandia said that fracking is an alternative technology that can be used once a resource has been discovered, but insisted that no fracking projects have been approved in Colombia.
Both the Minister of Mines and Energy Germán Arce and Ecopetrol (NYSE:EC) president Juan Carlos Echeverry were present at the IX installment of the Barrancabermeja Oil Congress, “Beyond Oil”. Both also praised the operation in the city and its refinery, but Echeverry was clear no modernization is planned.
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