Colombia Oil & Gas Report Q2 2016 - New Study Released
Colombia's energy sector is nearing an inflection point. While the past decade saw strong production growth due to improvements in the business and security environment, we caution the country will experience downward pressure on oil and gas production over the next decade. The tendency toward smaller finds, as well as continued pipeline attacks will decrease private investor interest in Colombia's resources. Further, sustained lower oil prices have threatened the development of upstream and downstream projects by national and international investors.
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