Brazil’s oil giant Petrobras is eyeing a strategic alliance with Colombia to potentially transform the country into a gas exporter.
The surprise visit of Gustavo Petro, President of Colombia, to Venezuela sparked a wave of discussion and reflection within Ecopetrol’s Board of Directors regarding the president’s plans announced through media channels.
Amid concerns regarding the potential impacts of a strong El Niño phenomenon on Colombia, Ricardo Bonilla, the Minister of Finance (MinHacienda), addressed the nation’s possible need to import gas.
The collaborative efforts of the Ministry of Agriculture and Rural Development (MinAgricultura) and Ecopetrol (NYSE: EC) have been instrumental in fostering over 400 rural projects across 33 municipalities in 11 departments through the ‘El Campo Emprende’ program.
The President of Ecopetrol’s Board of Directors, Saúl Kattan, talked about the potential alliance with PDVSA.