The UPME recently released its forecasts of natural gas supply and demand. It concludes a second regasification plant is required and it has to be in Buenaventura. Surprise! Wow! Amazing! Did not see that coming! Thank goodness Colombian taxpayers can count on an impartial agency like the UPME to objectively study these important issues.
We are planning a major article on the UPME’s latest forecasts for gas next Monday. This chart was interesting but not entirely on topic so we thought we would publish it separately.
The National Hydrocarbons Agency (ANH) has been working on modifications to Agreement 02, aimed at promoting the sector’s reactivation. The entity could issue a new Agreement soon.
Oil prices have been affected by tensions between the US and China, and the expansion of the coronavirus. Will this situation affect Ecopetrol’s (NYSE: EC) finances?
Greenpeace and the Energy and Clean Air Research Center (CREA), conducted a study analyzing fossil fuel pollution.
Industry representatives spoke about Colombia’s self-sufficiency and upcoming investments in the natural gas sector.
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