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.
Gas pipelines are an emerging policy issue. Furthermore, there are a number of investment funds looking for infrastructure opportunities including pipelines. That got us thinking about where they should be built.
The USO will be one of several unions and political parties that are planning a nationwide action on October 27th to protest the government’s pending tax reform and its alleged consequences.
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