The Colombian government presented the National Development Plan (PND) recently, generating several discussions in the country. The fuel prices formula returned to the discussion table in the PND.
The Commission of Experts gave a ‘definitive maybe’ to the development of fracking in Colombia, and the media started to speculate on the matter. Here is what the main national newspapers said.
Gran Tierra Energy (TSX: GTE) started to develop El Portón project, which has generated much controversy. However, the company proactively spoke to the local press about a new well.
The Minister of Mines and Energy (MinMinas) spoke about the benefits that communities in Barrancabermeja and Sucre will receive thanks to royalties’ resources. These and other stories in our periodic Royalties summary.
As we published last week, the MinMinas think-tank and research bureau, UPME, published a long document on energy prices just before Christmas. We have picked a few charts we think are interesting.
Last week we wrote a very high-level summary of the Commission of Expert’s recommendations on fracking. This week we go one level deeper and look at the recommendations in detail. Next week will publish our summary of the commission’s findings and conclusions.
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