Opinions on the development of fracking in Colombia are still divided, but this might be the ‘missing piece of the puzzle’ to assure a healthy debate on the matter.
Alejandro Robledo, manager at the Busscar vehicle manufacturing company, spoke about the benefits that the new TransMilenio fleet will have on Bogotá’s air quality.
Natural gas has been one of the main topics of discussion this year due to its positive growth prospects in the medium and long term. However, the country cannot cover the growing demand for this fuel, forcing to import it.
Even though terrorist attacks against oil infrastructure have decreased this year compared to the same period 2018, they have taken place in more complex places, geographically speaking.
The government announced a propane deficit for 2019, after Ecopetrol (NYSE: EC) reduced its supply for the first semester of the year. But Gasnova thinks the panorama will be much more promising as of July.
The Colombian government announced the terms of reference for the Permanent Competitive Process (PPAA), generating high expectations in the oil sector. The companies have shown their interest in developing oil projects in new regions of the country.
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