Incidents near areas of interest to the oil and gas industry were up sharply at 45 above recent and long-term averages. Non-Armed Forces-reported incidents were above average both in percentage and absolute terms. This is our indicator of increased guerrilla-initiated activity. Correspondingly, our 4-week Moving Average incident count was up at 37.5 and the 52 week average was also up slightly at 31.2 incidents per week.
The Farc’s southern block, considered the more extreme faction within the guerrilla, now has a presence at the negotiating table in Havana through the arrival of Fabián Ramírez.
Colombia’s Minister of Defense Juan Carlo Pinzón has ordered an increase in security measures in Arauca during the run up to elections this Sunday and in light of attacks last week on Unión Patrótica presidential candidate Aída Avella.
The USO says that Ecopetrol (NYSE:EC) continues to hedge and refuse to progress on the modernization of the Barrancabermeja Refinery, with the union saying that it is a must to have a “competitive” and modern refining facility.
Incidents near areas of interest to the oil and gas industry were stable at 39 above recent and long-term averages. Non-Armed Forces-reported incidents were below average both in percentage and absolute terms. This is our indicator of increased guerrilla-initiated activity. However, our 4-week Moving Average incident count was down at 33.3 and the 52 week average was also down slightly at 31.1 incidents per week.
This week revelations hit the press that President Juan Manuel Santos’s email account has been compromised and around 1000 emails were accessed by an unknown party, just weeks after allegations of spying on peace delegates in Havana shook up the process.
Last weekend the Arauca Department suffered a number of attacks on public roadways and oil infrastructure after an uptick in activity from insurgent groups operating in the area.
The continued conflicts in the municipality of Acacias and Castilla La Nueva have led to blockades, riots with police and now Ecopetrol (NYSE:EC) has terminated 45 contracts associated with projects in the area.
Colombia’s roads have become ground zero for conflicts between the oil industry and local communities, as production rises and trucks increase, so do problems, accidents and rejection of the large tankers. Here are some of the stories hitting press over the last week.
Incidents near areas of interest to the oil and gas industry were up sharply to 39 above recent and long-term averages. Non-Armed Forces-reported incidents were triple the average in absolute terms and nearly so as a percentage of the total. This is our indicator of increased guerrilla-initiated activity. Our 4-week Moving Average incident count was up at 35.3 and the 52 week average was also up slightly at 31.3 incidents per week.