The National Infrastructure Agency (ANI) signed a port concession that will kick off the construction of Colombia’s first regasification plant, addressing a potential deficit of natural gas supply starting in 2016.
Some US$1.4M has been allocated to the Putumayo Department for social projects, meanwhile the Tauramena municipality received a positive rating in its audit report of its use of royalties. These and other stories in our periodic roundup.
Representatives from the Ministry of Mines and Energy (MinMinas) met with representatives from the gasoline and fuel supply chain who called for a frank look at how the Ministry’s formula sets prices each month.
Bolsa Mercantil de Colombia (BMC) has presented the very first report of the Natural Gas Market Manager after it began operations six months ago which confirmed that supply is falling while demand rises, pushing prices up.
The Caquetá Planning Secretary Julián Carvajal Zamora said that officials from Emerald Energy did not attend a call to meet with affected communities before starting their exploration work, which he says is a needed step for an exploration and production license to be granted.
Between comments by Campetrol President Rubén Dario Lizarralde, stories about services companies in trouble by Colombia’s Superintendent of Companies and reading between the lines of E&P companies’ comments about Capex, no one should be surprised by the overall shape of this graph.
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