The count went up again to 30 right at the recent average but still below the long-term average of nearly 40. This was a below average week for non-armed forces reported/guerrilla-initiated incidents. Our 4-week Moving Average incident count was up to 25.8 but the 52 week average was stable at 38.6 incidents per week.
The 12th round of peace talks started in Habana this Monday, July 28th as government and Farc representatives look to advance on the second point of the peace agenda, political participation.
Heavy crude production increased, but lower prices and higher costs from its spinoff of transportation services cut into Ecopetrol’s profits in the second quarter of 2013 although it held production to last year’s level, growing 2.1%.
This month has an emphasis on investment with an update to our Colombian stock index and a conversation with a fund manager about the country’s attractiveness. Frequent collaborator León Teicher worries whether government complacency might drive investors away.
It’s no secret that labor relations within Colombia’s hydrocarbon’s industry are tense at best, if not completely contentious. Some companies have better relations and some worse but all are experiencing challenges at the present time.
We classify our security counts into the ANH’s geographic basins but separate out incidents near roads and pipelines, independent of the geographic location of the event.
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