The number of vehicles converted to natural gas continues to grow, albeit at a slower and still slowing rate. Does supply uncertainty play a role?
Equion President María Victoria Riaño believes that the firm has a better outlook as oil prices improve, but is concerned that the recent Constitutional Court decision on popular referendums and the subsoil could cause legal holes and put oil activity at risk.
The government’s royalty budget for 2017-18 has caused concern from associations and control entities like the General Controller, as it relies on an income which observers warn is much more optimistic than what reality will deliver.
The Colombian association for the propane industry, Gasnova, has been working on formalizing the market, but warns that there are groups using regulations and gray areas to take advantage of the market, and that there is a growing mafia of informal distributors in major urban centers.
The Energy and Gas Regulation Commission (CREG) has named Germán Castro Ferreira as its new director, replacing Jorge Pinto who has held the role for the last two years.
I have already written about the recent Semana / ANH conference on offshore exploration and development, expressing my concerns about what I heard on gas strategy.
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