Colombia’s leftwing President Gustavo Petro’s plans to end contracting for hydrocarbon exploration have unnerved participants in the Andean country’s economically vital energy patch. That, coupled with meager hydrocarbon reserves and production failing to return to pre-pandemic volumes, points to the growing potential for an energy crisis to emerge.
Such an event will sharply impact the strife-torn Latin American nation’s petroleum-dependent economy, place Colombia’s energy security at risk and even jeopardize the…Colombia Is On The Brink Of An Energy Crisis
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