Minister Edwin Palma insists on the need for objective information to advance the process; efforts with USA. They are still ongoing.
Minister of Mines and Energies in Barranquilla this Friday.
The Colombian government signed on Wednesday a confidentiality agreement with Venezuela for exchange technical and financial information about Venezuelan Colombian monomerswithin the framework of the evaluation process for a possible purchase of the company, currently under the control of the Government of Nicolás Maduro.
Confirmation made it Minister of Mines and Energy, Edwin Palma, who days ago had announced that the country sought to formalize this step to have objective data that allowed the company to be properly valued.
“In the next few days we hope to sign a confidentiality agreement to be able to cross the information and we will start by assessment, because there we do not have a key fact. There are many rumors, But the numbers are objective, and we hope to build a value on which to begin negotiations”, Then said the minister.
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Palma also explained that the government studies different legal mechanisms to make an eventual acquisition of monomers, including diplomatic procedures to the United States. “We are talking about people’s food, the food of the Colombian people, and we hope that the United States government understands that need (…) we are making diplomatic efforts to achieve licensing,” he said.
According to the minister, the objective of the government It is to guarantee energy sovereignty and access to fertilizers at lower prices, as part of a strategy to contain the cost of food. “We want cheap prices in fertilizers, so that in turn we have low prices in food and the people do not suffer hunger,” he said.
The signing of the agreement represents the first formal step in this process, in which Colombia must define the value of the company and explore the legal, technical and financial viability of a possible acquisition.
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Energy export to Ecuador and possibilities with Venezuela
The minister also reported that Last Friday, the export of energy to Ecuador was reactivated, thanks to the increase in national reservoirs levels, which exceed 90 %.
“The Ecuadorian people, their government and their ambassador have celebrated this news. They are generating part of their energy with thermal, and they find it cheaper to import it from Colombia,” he said. He explained that the measure is already underway and that Ecuador has begun to acquire Colombian energy through the existing electrical interconnection system.
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Regarding Venezuela, Palma said that there is also interest in establishing an energy exchange, although he clarified that there are still technical barriers. “The problem there is transmission, but we hope there may soon be that exchange of energy,” he said.
Source: Integrated information system
