Oil prices and the value of the dollar are two of the main variables that drive the Colombian public finances. Expectations for these metrics are not encouraging for this year, and this situation could affect the country’s public finances.
The National Hydrocarbons Commission (CNH) started the year with big news: an important finding by India’s ONGC Videsh Limited.
High fuel prices anger Colombians and affect the performance of several economic sectors in the country. Colombia is looking at alternatives to confront this situation and the Colombian Propane Association (Gasnova) gave some recommendations.
The NOC spoke about the acts of vandalism that took place in the Palagua field (Boyacá). The development of these and other stories in our periodic Security summary.
Colombia is working in strategic fields to increase its oil production as soon as possible. This strategy is generating the first positive results and the Akacias field is proof of that.
Manuel Buitrago, General Director of Gran Tierra Energy (TSX:GTE) in Colombia spoke about the firm’s plans in Putumayo.
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