The ANH hopes to raise $2.6bn with the 2014 oil round. How confident are you that this will happen?
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Interviews & Viewpoints | OBG talks to Javier Betancourt, President, National Hydrocarbons Agency (ANH) from The Report: Colombia 2014
Articles & Analysis | The sector is increasingly turning to unconventional sources from The Report: Colombia 2014
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...
Interviews & Viewpoints | OBG talks to Javier Gutiérrez, President, Ecopetrol from The Report: Colombia 2014
What is the motivation behind the recent oil auctions and what firms have shown interest?
Articles & Analysis | New links should help to dramatically increase competitiveness from The Report: Colombia 2014
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 | Industry & Retail from The Report: Colombia 2014
As the significantly divergent performances of its various sub-sectors suggest, Colombian industry is at a crossroads. Some sub-sectors have sustained robust growth during the past decade and have developed export channels targeting regional markets. However, other industries have not been able to overcome the number of challenges that nearly all Colombian manufacturers must contend with, in...
With vast coal, gold and other mineral reserves, Colombia continues to be one of Latin America’s leading mining countries. The sector has expanded significantly in the past decade, with the last two governments emphasising its importance to the national economy and courting foreign investment. However, in recent years falling commodity prices have stalled development projects, while strikes,...