The oil sector has proposed to develop unconventional projects as the main solution to guarantee energy self-sufficiency in the long term. Maria Fernanda Suarez, Minister of Mines and Energy (MinMinas), spoke on this topic.
The President of the Colombian Petroleum Association (ACP), Francisco José Lloreda, spoke about the country’s energy future, and the challenges and opportunities that this year brings.
The National Development Plan (PND) states that the government can sell its shares in public companies, as a way to cover the fiscal gap. As controversial as it is, selling part of the NOC’s shares is on top of the authorities’ list.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ended March 31, 2019. Natural gas production, sales and funds flow from operations increased.
The Ministry of Mines and Energy (MinMinas) and the National Hydrocarbons Agency (ANH) reported Colombia oil and gas reserves in 2018, with negative results for natural gas. Orlando Cabrales, President of the Colombian Association of Natural Gas (Naturgas), talked about the gas situation in the country.
The Minister of Mines and Energy (MinMinas), María Fernanda Suárez, confirmed that the government will follow the recommendations made by the Commission of Experts regarding fracking.
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