Colombia’s Director of Public Credit, José Roberto Acosta, and the Director of the National Planning Department (DPN), Jorge Iván González, discussed the importance of oil and gas to the country’s public finances.
Almost exactly five years ago, I wrote a “What We Think” entitled “Still I look to find a reason to believe” about searching for optimistic signs in a complex situation as Colombia went into an election year (2018). This morning the Tim Harden song that inspired the title came up at random on Spotify and, listening to the words, I thought about ‘recycling’ the lyrics as a structure for current events.
The oil and gas sector has announced its investment plans for this year, focusing mainly on natural gas.
Some aspects of the recent tax reform have generated strong pushback and, in some cases, have been considered unconstitutional.
Blockades in various regions and threats to oil companies are affecting the performance of the sector in Colombia.
Saul Kattan, Chairman of the Board of Ecopetrol (NYSE: EC), spoke about key issues such as shale projects in the US, the new CEO and energy transition.
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