The Americas Energy

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The electricity plants and transmission network are among the strongest aspects of Colombia’s infrastructure and a point of reference for Latin American countries seeking to modernise their own grids. At home, Colombia’s robust electricity infrastructure has been a boon to growth – especially considering the deficiencies in other parts of the public works network – and...

The ANH hopes to raise $2.6bn with the 2014 oil round. How confident are you that this will happen?

As of mid-2014 Colombia was on the verge of tapping its vast reserves of shale and offshore oil and gas. Exploiting these resources will help the country’s hydrocarbons sector tackle its two primary challenges: low reserves and limited production growth. Despite its position as one of the world’s leading producers, Colombia has an extremely low reserves-to-production...

What is the motivation behind the recent oil auctions and what firms have shown interest?

Private companies and Ecopetrol have poured money into pipeline construction projects in the last several years to increase capacity, improve distribution throughout the country and decrease transport by road. A mountainous geography and substandard road networks make shipping by truck an expensive and slow proposition. However, many oil companies working in Colombia...

Chapter | Energy & Utilities from The Report: Colombia 2014

In the past 10 years, Colombia has emerged as one of Latin America’s leading hydrocarbons producers. With just over 1m barrels per day of production in 2013, Colombia trailed only Mexico, Venezuela and Brazil in the region. On a relative basis, natural gas production, at 1.2bn cu feet per day, is more modest, but has also grown every year but one since 2003. With one of the lowest reserves-to-...

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