GasThe conflict over natural gas prices on the Caribbean coast took a new turn when Senator Jose Name said he would lead a charge among Caribbean congressional leaders to vote against an eventual peace accord if the government does not ‘resolve’ gas rate hikes.
The former Vice-Minister and of Energy and former president of the National Hydrocarbons Agency (ANH) Orlando Cabrales has spent less time in public eye since leaving his post last year, but recently penned a critical article on the factors that have led Colombia to a shortage of natural gas.
The president of the Colombian Chamber of Oil Goods and Services (Campetrol) Rubén Darío Lizarralde warned attendees at an event in Barrancabermeja that Colombia’s proven reserves are enough to last for only six more years, and the current government strategy will not do much to change that. Ecopetrol (NYSE:EC) then responded.
A community in the Sogamoso Municipality, Boyacá claims that a seismic campaign in 2009 and 2010 has left a number of buildings cracked, including the local church, forcing residents out of their homes and affecting nearly 3,000 people.
The fundamentals are not trending positively and so our readers are not planning for a brighter 2016.
This week “What we think” is really “What you think”. We broke our annual Quick Pulse Survey into two pieces, one addressing our traditional look ahead at 2016 and one addressing what we think is the main government policy issue at this time: incentives to get companies exploring again.
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