In the midst of the controversy generated by the report presented by the Ministry of Mines on the gas and oil reserves, in which it is assured that the resources would reach 2037, the Minister of Finance, José Antonio Ocampo,He clarified that for now the definitive figures are not available and the Government will hold a meeting next week to review the issue.
(Read: Minister of Mines opens and closes the door to new oil exploration).
“Next week we are going to meet as a government team with the Ministry of Commerce, with Ecopetrol. There are no final estimates of the reserves yet, we have to see how the exploration contracts already signed guarantee sufficient reserves”, said the minister in statements to the media in relation to the affirmation of the Minister of Mines, Irene Vélez, who reiterated that the position of not signing more oil contracts is already a decision of the Government.
The minister reiterated that From the portfolio there has always been talk of three transitions, the energy transition, the export transition and the fiscal transition. “All three involve oil and we have to see if the resources are sufficient to guarantee the three transitions.”
(Also: Minister Irene Vélez ratifies controversial report on gas resources).
In addition, the minister mentioned that, officially, the report presented the National Hydrocarbons Agency is the one that determines what the reserves are. “We will see all this with the minister, to see the estimates they have based on the contracts,” said the head of the Treasury portfolio.
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