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February 8, 2023
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They lift the blockade that affected oil production in Puerto Gaitán

They lift the blockade that affected oil production in Puerto Gaitán

After 8 days, an agreement was reached between the National Government and the communities to end the protests and blockades in the municipality of Puerto Gaitán, Meta, which they were affecting the transport of provisions, food and fuel.

(Read: Oil rose due to the earthquake in Turkey and sanctions on Russia).

In the agreement reached it was established thatThe guarantees will be granted for the non-judicialization and non-stigmatization of the spokespersons and representatives of the communities that were participating in the protests in this region of the country.

Likewise, it was agreed that on February 21 a follow-up meeting will be held on the actions and Agreements reached to pave 95 kilometers of road. A dialogue table will also be held with the leaders of the population.

In the last hours, the oil companies that operate in this municipality such as Ecopetrol, Frontera Energy, Cepsa, Hocol and Tecpetrol had launched an alert for the blockade of the road that leads from Puerto Gaitán to the Rubiales village was putting oil production in this department at risk.

(In addition: Oil production in Colombia increased 5.24% in December).

Besides, the load of the Cartagena refineries was being impacted and Barrancabermeja, which put at risk the supply of liquid fuels in Colombia and other countries to which it is exported.

Due to this situation, more than 49,500 barrels of oil per day were stopped being produced in Puerto Gaitán, which represent 6.5 percent of the production registered by Colombia in 2022, which was 754,199 barrels per day. Likewise, more than 5,332 workers in the sector were being harmed.

Frontera Energy assured that, due to the blockade in Puerto Gaitán, has stopped producing approximately 11,500 barrels of oil equivalent per day (boed) in the Quifa and CPE-6 blocks, as they reached their on-site storage capacity.

Likewise, it has proactively suspended all its construction and drilling activities in the area until further notice. Parex Resources had to do the same in Arauca.

(Read: How much could a gallon of gasoline rise in Colombia in 2023?).

Frontera’s top priority continues to be the health and safety of its employees, contractors and the communities in which it operates, with a key focus on protecting the environment.“said the company.

Economy and Business WEATHER.

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