Energy sector associations called on the government to allocate enough resources from the 2023 General Budget (PGN) to cover energy and gas subsidies for 2022 and 2023.
The Minister of Mines and Energy (MinEnergia), Irene Vélez, presented a new sector’s budget proposal, with a considerable increase.
Silk Investment Banking spoke about the response of investors to President Petro’s tax reform.
President Petro’s tax reform continues to generate debate in Colombia. This time, the Federation of Biofuels (FedeBiocombustibles) talked about the possible dismantling of gasoline subsidies.
The Institute of Political Science (ICP) highlighted the economic and social benefits of implementing the fracking technique in Colombia.
President Gustavo Petro and former president Álvaro Uribe Vélez spoke about the proposal to import gas from Venezuela.
The possibility of importing gas from Venezuela brought back memories of a frustrated negotiation between both countries to import and export this fuel.
The Colombian Oil and Gas Association (ACP) presented two possible scenarios for the future of the oil sector in Colombia.
The Minister of Mines and Energy (MinEnergia), Irene Vélez, and Naturgas’ Luz Stella Murgas, met to discuss issues like Colombia’s energy transition and energy security.
The gas sector was struck by the recent announcement of a potential halt to exploration activities, which would open the possibility of importing this fuel.
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