The controversy surrounding the tax reform of Gustavo Petro’s government continues to spark debate in Colombia’s economic, political, business and academic circles.
Environmental expert Juan Pablo Ruiz wrote an opinion column on Fracking Pilot Projects (PPII).
President of Colombia, Gustavo Petro, wants to transform oil companies in Latin America.
The Colombian Petroleum Association (ACP) issued a warning regarding the possible consequences that tax reform might have on industry companies.
Last week, we published some quantitative analyses on certain aspects of Colombia’s proposed tax reform. Here are some qualitative comments on ideas in the draft bill that are either not quantifiable or where we decided there were too many scenarios to make quantitative analysis feasible. Note that as we write – August 21, 2022 – MinHacienda is talking about changes to the draft and there will be negotiations in Congress from now until the bill passes. If there are significant changes to the bill, we will likely publish a new commentary rather than updating this one.
The bill to ban fracking filed last week, revived the debate on the possibility of implementing this technique in the country.
Experts from the extractive sector spoke on the effects that the tax reform might have on the industry.
The new Minister of Mines and Energy (MinEnergia), Irene Velez Torres, spoke about her background and key issues in the sector such as fracking pilot projects, awarded contracts, the possibility of importing from Venezuela and the energy transition.
The Minister of Mines and Energy (MinEnergia), Irene Vélez, generated debate about the possibility of importing gas from Venezuela.
The Ministry of Environment (MinAmbiente), headed by Susana Muhamad, presented a bill to ban fracking in the country. Experts spoke about the economic, social, and political effects of this decision.
2025, Hydrocarbons Colombia, All Rights Reserved.
