President Abelardo De la Espriella’s arrival has revived hopes of restoring Colombia’s natural gas self-sufficiency through unconventional reservoir development, with industry experts pointing to substantial potential across eight basins beyond the long-discussed Middle Magdalena Valley, following more than 15 years of regulatory and environmental debate.
We easily accept that 18th Century technology was radically different from today, but we can be shocked to find that human and political issues haven’t changed.
Argentina has become Latin America’s benchmark for unconventional hydrocarbons development, and Colombia is now looking to that experience as it moves toward authorizing fracking under President Abelardo De la Espriella.
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