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January 20, 2023
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‘Gas reserves reach for a period between 2037 and 2042’: Petro

'Gas reserves reach for a period between 2037 and 2042': Petro

From Toulouse, in France, President Gustavo Petro referred to the recent statements made by the Minister of Mines and Energy, Irene Vélezwithin the framework of the World Economic Forum.

(Read: Why new oil exploration contracts won’t be delivered.)

We are not going to award new oil and gas exploration contracts. That has been very controversial at the national level, but for us that is a clear sign of our commitment to the fight against climate change.Velez said.

In statements to the media, the president supported the minister and assured: “It is not that the current exploitation contracts are suspended, which already consists of removing the raw material and exploration, which insists on looking for more. Those are still in force.”

He explained that the work of the Government in these months has made “theThe gas reserves will be enough for internal consumption in a period between 2037 and 2042. Some say that then the transition should be longer, because then they are against science”.

In agreement, the head of state said that Colombia It has enough internal consumption time to make a planned and orderly energy transition.
“(That) transition is going to take us to a superior economy,” he added.

(See: ‘Stopping oil exploration is social suicide’: former President Duque).

He also maintained that the idea is for Ecopetrol to be one of the largest exporters of green hydrogen in the short term. To do this, according to Petro, se are making strategic alliances.

Likewise, he maintained that the idea is for Ecopetrol to be one of the largest exporters of green hydrogen in the short term. For that, according to him he said, already strategic alliances are being built.

His goal, as he has reported on several occasions, is for Colombia to become a “powerful exporter of clean energy, which is what would make the Colombian economy grow and give us more prosperity than our old fossil economy.”

(Read: Petro’s defense of not signing new oil exploration contracts).

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