According to the Bloomberg agency, the Colombian state oil company, Ecopetrol, will look for business opportunities in Venezuela after the reopening of bilateral relations. The government of the neighboring country estimates that there are currently 121 oil exploration contracts in force and, in this sense, , believes that, with the reactivation of several contracts, they could rise to 200
The state oil company of Colombia, ecopetrolwill seek business opportunities in Venezuela after the reopening of bilateral relations.
The information is part of a news Bloomberg, broadcast this Thursday, November 10. In that sense, it is indicated that the president of the state company, Felipe Bayón, announced his interest in establishing alliances in Venezuela given the border reopening that began on September 26.
“The company confirmed that it has already sent officials to Venezuela to start exploring these business possibilities,” Bloomberg noted.
Also read: Arrival of Satena plane to Venezuela formalizes opening of skies with Colombia
Ecopetrol reaffirmed this week that it will not go ahead with fracking in Colombia. According to information released this Thursday, Colombia has proven reserves for 7, 6 and 8 years of oil and gas, respectively.
The government of the neighboring country calculates that there are currently 121 oil exploration contracts in force and, in this sense, believes that, with the reactivation of several contracts, they could rise to 200.
The Colombian Minister of Finance, José Antonio Ocampo, said that it has not yet been defined whether the country will award new oil contracts, as proposed by the president. Gustav Petro, during the election campaign.
However, according to Ocampo, the Colombian government is not closed to new opportunities in the oil field.
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