With the second half of 2016 already underway, a promised tax reform from the government could be in the works, and the president of the Colombian Petroleum Association (ACP) outlined the entity’s arguments for greater incentives for the industry in recent interviews.
The Atlántico Department has high hopes for innovation that can be gained from having several potential industries increasing activity at home: agroindustry, offshore exploration, petrochemicals and metalworking.
A report in a national paper caught our eye, as it trumpeted the fact that Colombia ranked third in Latin America when it comes to exploration activity, and that “only Brazil and Argentina were ahead of Colombia in terms of exploration wells”.
Since so much of the oil / gas and mining investment in Colombia is by Canadian companies, speaking to the Canada Colombia Chamber of Commerce is a good way to talk to the extractive sector in one session.
A few weeks ago, we reported the latest results from the National Hydrocarbons Agency (ANH) Territorial Strategy initiative: a series of four academic studies sponsored by the United Nations Development Program (UNDP).
The president (acting) of the National Hydrocarbons Agency (ANH) Orlando Velandia participated in a forum in the Senate to discuss an energy agreement “The International Energy Charter”, of which Colombia forms a part. He also talked about the importance of supporting the hydrocarbons industry.