The Minister of Mines and Energy (MinMinas) Amylkar Acosta said that coal miners Drummond and Cerrejón must reach an agreement on the elongated dispute over overlapping Coal Bed Methane gas (CBM) and coal production rights in the Ranchería River Valley, and that they have a month to do so.
The National Hydrocarbons Agency (ANH) is still without a president as the main candidate to take up the role was rejected due to a technicality. Looming ahead is a legal deadline on November 25, when the government is legally prohibited from appointing administrative positions ahead of the election cycle.
Incidents near areas of interest to the oil and gas industry were up significantly to 42 this week well above recent and long-term averages and the highest level since March. As well, non-Armed Forces incidents were slightly above average at 17%. This is our indicator of increased guerrilla-initiated activity. Correspondingly, our 4-week Moving Average incident count was up to 32 but the 52 week average was essentially unchanged at 34.2 incidents per week.
Colombia’s Senate approved this week a bill to allow the proposed referendum to accept an eventual peace agreement with the Farc on the same day of legislative or presidential elections.
Colombia’s ministry of Mines and Energy (MinMinas) is preparing rules to deregulate transport rates for new oil pipelines in order to promote more construction in areas with new production.
The Casanare Administrative Tribunal has approved a formal request from the mayor of Tauramena to hold a constitutional popular vote, essentially a public referendum, in which the community can support or reject the development of oil productions in the municipality.
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