Fuel smuggling in the border with Venezuela has caused important losses for the Colombian economy. This is how authorities are planning to fix it. The development of these and other stories in our periodic Security summary.
The Ministry of Mines and Energy (MinMinas) spoke about the energy transition process’ benefits in Colombia. María Fernanda Suarez, MinMinas, highlighted the role of natural gas in this process.
Luis Miguel Morelli, President of the National Hydrocarbons Agency (ANH), spoke about the ‘agreement 02’ and the entity’s plans for this law. He pointed out that the ANH seeks to attract new investors and increase the country’s competitiveness.
The firm spoke about its plans in Colombia and Chile, forecasting a production growth.
The union spoke about the Collective Labor Agreement it recently signed with Fepco Zona Franca and HV Services.
At the Oil and Gas Summit, both MinMinas Maria Fernanda Suárez and ANH head Luis Miguel Morelli promised a competitiveness study to see where Colombia had to improve its regulation. The well-respected Canadian extractive-industry think-tank, the Fraser Institute (FI) has either done that for them or given them a place to start.
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