News and AnalysIs for

In an earlier article, we presented MinAmbiente’s plan to reform the regional water management authorities known as CARs. This MinAmbiente press release says the timetable for congressional approval will depend on the prior consultation period. It is remarkable to see the Ministry thought a separate press release was necessary even though the need for prior consultation was mentioned in the original press release. We think it relevant because MinAmbiente and the Interior Ministry are planning new prior consultation legislation in the next congressional session (which runs from March to July). These activities and press releases are part of a socialization process to get the legislation through Congress more easily. Translated and with commentary by Hydrocarbons Colombia.

National business newspaper Portafolio reports that the companies Abocol, Compas and Saam will partner to invest US$45M in the Buenavista Port of Cartagena. The port, which has a capacity of 8,000 metric tons of cargo, is currently under the administration of Puerto Buenavista SA. The investment will be used to expand the wharf of 211 meters long, to improve infrastructure and to provide it with equipment to improve its performance quality.

Frequent readers of our monthly report will be familiar with our challenges in getting timely, consistent information from the National Environmental Licensing Agency (ANLA).

The CARs are the regional autonomous corporations that manage water resources regionally. Organized by watershed, they historically have been inefficient, under-resourced for their mandate and in many cases corrupt. Despite this, the Environment and Sustainable Development Ministry wants to give them a clearer mandate and better resources. The National Environmental Licensing Agency (ANLA) has a pilot program to delegate responsibility for some areas to the CARs. Here MinAmbiente announces the timetable for bringing reforms to Congress. From an MinAmbiente press release, translated and with commentary by Hydrocarbons Colombia.

This is the latest in a steam of announcements by the state-owned oil company about new patents coming out of their R&D group. From an Ecopetrol press release, translated and with commentary by Hydrocarbons Colombia.

Finance Minister (MinHacienda) Mauricio Cardenas spoke to the Morgan stanley Latin America Executive Conference in Miami, recapping the country’s macroeconomic progress over the past years. From a MinHacienda press release, translated and with commentary by Hydrocarbons Colombia.