Presidential candidate Gustavo Petro proposed a total change to Colombia’s economic model, where oil and mining activities are replaced by a productive agro industrial economy.
Representatives of Canacol Energy (TSX: CNE), Ecopetrol (NYSE: EC) and the Colombian Petroleum Association (ACP) gave their arguments to declare Buenaventura’s regasification plant “unnecessary”.
The Center for Economic Studies of the National Association of Financial Institutions (ANIF) conducted a study on the petrochemical value chain in 2017, and its future perspectives under the direction of Sergio Clavijo and Alejandro Vera and Juan Diego Londoño’s collaboration.
Ecopetrol (NYSE: EC) reported its reserves as of December 31, 2017. The NOC managed to report positive results despite social problems, attacks on its infrastructure and low prices during the past year.Ryder Scott Company and De Golyer & Mac Naughton audited the majority of reserves (99%).
The National Association of Electrical Generating Companies (Andeg) spoke about the impact that the ELN’s attacks had on the city’s gas, as well as on the measures they are taking to improve the situation.
Colombia faced hard times in recent years, but it seems like it survived. Projections are positive but conservative and different experts talked about the country’s economic challenges to growth.
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