Colombia recently signed a deal with South Korea for the development of several oil projects in Colombia. In an email interview, Eric Farnsworth, vice president of the Council of the Americas, discusses Colombia’s oil sector. WPR: What is the current state of Colombia’s oil sector, including extent of reserves and level of infrastructure? Eric Farnsworth: Simply put, Colombia has enjoyed an energy renaissance over the past decade. As noted in a recent Americas Society/Council of the Americas report on Colombia’s energy sector security is vastly improved and successive governments have placed an emphasis on attracting investment through regulatory stability, open […]
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