Source: Gran Tierra, Hydrocarbons Colombia NOTE: Colombian production only August 10, 2012
Bottom Line: Events of recent weeks have painfully shown that the country simply doesn’t have enough troops to cover all of its infrastructure. This announcement is very welcome.
With the MinMinas and National Planning Department (DNP) crowing last week about the new royalty distribution system, it was inevitable that there would be a reaction from those less favored.
Colombia’s thermal coal deposits are conveniently located within a few hundred kilometers of the country’s Caribbean coast.
August 4, 2012 The Minister of Mines and Energy, Mauricio Cardenas said Saturday that the government of Juan Manuel Santos will bring domestic natural gas to the city of Pasto, the only capital city without such service. It will take two years.
August 5, 2012 On August 2 2012, Petrominerales wrote that it was “pleased to announce our 2012 second quarter financial results”.
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