The government is determined to carry out the construction of a new regasification plant in the country, despite experts’ opinions against it. The Ministry of Mines and Energy (MinMinas) announced dates for the plant’s tender.
The appointment of a consultant and costs of the popular action have become an issue in the judicial process involving Gran Tierra (TSX:GTE).
Local authorities, the police and the president of the Colombian Association of Petroleum Engineers (Acipet), Julio Cesar Vera, spoke about the situation in Meta; 14 days after the protests began.
Canacol Energy (TSX: CNE) announced results of the Pandereta 2 appraisal well located in the VIM 5 block in the Lower Magdalena Valley basin. The firm reported a significant new gas discovery on this block. CNE also provided information on its 2018 gas exploration and drilling programs.
Presidential candidate Gustavo Petro proposed a total change to Colombia’s economic model, where oil and mining activities are replaced by a productive agro industrial economy.
Representatives of Canacol Energy (TSX: CNE), Ecopetrol (NYSE: EC) and the Colombian Petroleum Association (ACP) gave their arguments to declare Buenaventura’s regasification plant “unnecessary”.
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