IAHL Corporation (IAHL)

[energybuyer]

Colombia, which generates nearly half of its export revenues from oil and coal, will not rush to drastically reduce exports in an energy transition the new president has pledged. Energy exports “would have to be gradual” and place gas self-sufficiency as a priority, Ocampo told FT.

Last week, Andres Bitar, acting president of the National Hydrocarbons Agency, ANH, told Reuters that the government hadn’t taken any decision regarding the idea of blocking new oil and gas exploration projects.
“The main message that is very clear from the government is that it’s not a decision that’s written in stone,” Bitar said.