ACP as a source of information
Source: Portafolio – National
1. Date: February 13
Headline: 2. Gas supply, with a clear route. By: Francisco José Lloreda Mera
3. Natural gas is the fuel of the energy transition in Colombia and the world. This is established by the various projections of energy demand and supply, regardless of the scenario, with the available information and technology. That is why it makes sense to bet decisively on national production and domestic consumption, in the different sectors: thermal, industrial, residential, and transportation, without jeopardizing supply. This seems to be the premise of the Ministry of Mines and Energy, according to the technical study on the subject, in consultation, by the Mining and Energy Planning Unit, UPME. (…) It examines the different scenarios: the one that arises from the currently declared production, the one that depends on transportation infrastructure (natural gas “trapped” on land), the one planned to be developed offshore, and the one coming from unconventional deposits, using fracking technique.. 4. . It was replicated in: 5. portafolio.co (February 12).
6. Source: Extra Casanare – Regional7. Date: February 12
8. Oil companies met with the governor
Headline: 9. The Governor of Casanare, Salomón Andrés Sanabria Chacón, accompanied by Senator Amanda Rocío González and Social Manager, Cielo Barrera, facilitated a dialogue space with representatives of oil operators present in the Department, to coordinate efforts aimed at leveraging important projects and macro initiatives of social impact and progress, (…) The working group also included the presence of the vice president of the Colombian Petroleum Association (ACP), Rafael Herz; the National Hydrocarbons Agency (ANH) and several of the secretaries and directors that make up the Departmental Administration.
The Governor of Casanare, Salomón Andrés Sanabria Chacón, accompanied by Senator Amanda Rocío González and Social Manager, Cielo Barrera, facilitated a dialogue space with representatives of oil companies present in the Department, to coordinate efforts aimed at leveraging important projects and macro initiatives of social impact and progress, (…) The working table also included the presence of the vice president of the Colombian Petroleum Association (ACP), Rafael Herz; the National Hydrocarbons Agency (ANH) and several of the secretaries and directors that make up the Departmental Administration.
GREMIO
Source: Portafolio
1. Date: February 13
Headline: Do the gas reserves in the country reach or will it be necessary to import?
A debate has the natural gas sector on edge and is related to the origin of the surpluses to meet the demand in the country. On one side are the voices that defend energy imports and view positively the installation of a regasification plant in Buenaventura. (…) And precisely the surpluses are the starting point of the debates. According to the National Hydrocarbons Agency (ANH) in its 2018 reserves report, natural gas reserves fell by 2.91%, from 3,896 to 3,782 billion cubic feet (Bcf). Consequently, the useful life was reduced by 1.9 years, decreasing from 11.7 to 9.8 years. (…) “Colombia has significant exploratory potential that firmly allows self-sufficiency for several decades. The country must develop its resources before promoting and prioritizing gas imports,” said Jorge Linero, president of gas at Canacol Energy.
Source: El Nuevo Siglo
1. Date: February 13
Headline: It is urgent to install fuel plants at the borders to ensure supply.
The president of Fedispetrol pointed out that quotas authorized by the Ministry of Mines in some cases are ridiculous. EL NUEVO SIGLO: How do you view the situation that occurred in La Guajira where nearly 200 stations closed in protest against the subsidized fuel quota authorized by the Ministry of Mines, which they consider insufficient? ÁLVARO YOUNES: We have a quite complex situation; it seems like a vicious circle, the State does not want to send more because it thinks gasoline comes from there. I would believe that it is not a correct way of thinking. So when the illegal entry of hydrocarbons from Venezuela is suppressed, the quotas that the border areas have are not enough, (…) AY: Of course, for a long time, for example, wholesale companies or Ecopetrol, many years ago should have taken over a series of plants at the border, managed directly by wholesalers or by Ecopetrol itself to prevent this issue from getting out of hand repeatedly. That has not been possible, when we truly have a quite active border, and today much more than before with the difficulties the country has, but due to its Government's fault.
Source: El Nuevo Siglo
1. Date: February 13
Headline: Oil company BP sets carbon neutrality target.
The British hydrocarbons giant BP, under increasing pressure to reduce its environmental impact, promised yesterday to achieve carbon neutrality by 2050, although it remained very vague about how it intends to achieve this. This project is led by the new CEO of the group, Bernard Looney, who has been in office for a week and promised in a statement to “reinvent BP.” Oil companies, one of the most polluting industries on the planet, face increasing pressure from public opinion and environmental movements to engage in the fight against the climate crisis. BP stated in the statement that its commitment will concern both the greenhouse gas emissions produced by its own operations and those related to the oil and gas it produces.
Topics
Source: El Tiempo
1. Date: February 13
Headline: Reader's forum What is an armed strike?
Mr. Director: I believed that an armed strike meant that guerrillas and violent groups would lay down their arms and let the population rest. That is, they would stop extorting, kidnapping, exploiting the pipeline, in short, committing crimes, to see if they could get the Government to consider sitting down for negotiations. But no, the armed strike is against the people, it is more violence, it is not allowing the transport of food and not letting people work in peace. And how do they want to be heard? Definitely, guerrillas like the Eln are light-years away from the feelings of society. Every day they become more hated because they are simple narcoterrorists. What a sadness. Carmen Rosa Novoa
Source: La República
1. Date: February 13
Headline: Air pollution costs the world US$8,000 million a day.
Air pollution from burning fossil fuels is causing the world economic losses of US$8,000 million a day, according to Greenpeace. This figure represents approximately 3.31% of the global Gross Domestic Product, or US$2.9 trillion a year. The same report indicates that China, the United States, and India suffer the greatest economic impact, with estimates of US$900,000 million, US$600,000 million, and US$150,000 million a year. Air pollution continues to harm millions of people, and the burning of coal, oil, and gas would lead to 4.5 million premature deaths worldwide each year, in addition to the death of 40,000 children under five due to exposure to fine particulate matter.
Source: La República
1. Date: February 13
Headline: The dollar lost $38.13 against the TRM and closed at $3.388
At the close of the day, the dollar reached an average price of $3.394.76, which represented a drop of $38.13 against the Representative Market Rate (TRM), which stood at $3.432.89. (…) “The market is reasonably confident that China will be able to control the virus, although it may take some time,” Steve Englander, head of global research at Standard Chartered in New York, told Reuters, adding that “the fact that it does not seem to be as deadly outside of China is something that comforts the markets.” On the oil trading side, they had a recovery day. According to closing prices reported by Reuters, the WTI barrel increased by 2.46%, to US$51.17, while Brent increased by 3.3%, to US$55.79. The higher prices occurred despite fears of lower future crude demand due to the virus outbreak.
Source: El Nuevo Siglo
1. Date: February 13
Headline: Economies of Gulf countries threatened by the impact of the coronavirus
The epidemic of the new coronavirus has exacerbated the fall in oil prices and threatens the economies of the Gulf, which are heavily dependent on crude demand from China. The world's second-largest economy consumes one-fifth of the oil production of the six Gulf countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates). However, the outbreak of the new coronavirus has resulted in a slowdown in activity at its refineries and a drop in its oil imports, while the economy remains paralyzed with millions of people confined. (…) In reaction to the spread of the virus, the technical committee of OPEC – which brings together the 13 members of the Organization of the Petroleum Exporting Countries and another ten countries, including Russia – recommended last week to reduce production again by 600,000 barrels per day. Since 2016, these countries have an agreement to limit their production to encourage prices to rise. Russia is reluctant to this new reduction, which adds to another of 1.7 million barrels per day.
Source: El Colombiano
1. Date: February 13
Headline: What risk is there from the armed strike of the Eln?
The words of Defense Minister Carlos Holmes Trujillo, in response to the announcement by the Eln guerrilla to initiate, starting this Friday from 6 a.m. until the same hour on Monday, February 17, an armed strike in the national territory, were of calm and security. (…) Norte de Santander, specifically the Catatumbo region, and Arauca, are the two areas of the country where the armed strike of the Eln represents a greater threat to the civilian population, state infrastructure, and the Public Force. In these areas are the Eastern and Northeastern war fronts, whose criminal actions have been characterized by attacks on the Caño Limón Coveñas pipeline, which has suffered more than 1,500 attacks since 1986 according to Ecopetrol data; ambushes on the Army, harassment of police stations or military posts in populated centers, kidnappings of citizens, among others.
Source: El Meridiano de Córdoba
1. Date: February 13
Headline: Eln and Epl initiated criminal actions
Authorities reported several terrorist actions yesterday in Norte de Santander, following the announcement of the armed strike maintained by the Eln and Epl guerrilla groups. The first incident occurred in the municipality of Toledo, where the Caño Limón Coveñas pipeline was attacked. The crude affected a tributary and there is a risk that it will reach the Arauca River. In another action, a private vehicle was burned on the road connecting the municipality of Teorama with Ocaña. Authorities have recommended avoiding dispatches and moving in the area. In the municipality of Convención, in the Catatumbo area, a motorcycle was burned, isolating the population.
Institutional
Source: El Tiempo
1. Date: February 13
Headline: Will Cambio Radical declare itself in government?
Uncertainty reigns among the Cambio Radical senator caucus, which has commented little on the party's new position regarding the National Government following the appointment of doctor Fernando Ruiz as Minister of Health. (…) Apparently, the expectation would be centered on the Ministry of Mines, in which there would be a change next March and whose position, according to speculation in political circles, would be for a representative of the Char family, the other pillar of Cambio Radical.
Source: Portafolio
1. Date: February 13
Headline: Regulation will unfreeze US$500 million in oil investment
The National Hydrocarbons Agency (ANH) has ready, and to be issued in a matter of days, an Agreement with which it will unfreeze the operation of several oil blocks in the country that total more than US$500 million in investments. The new regulation, in its articles, establishes the rules for the transfer of exploration activities or resources between contracts and/or agreements signed with the aforementioned entity. (…) For Luis Miguel Morelli, president of the government agency, the new Agreement regulates the transfer of obligations in those blocks to others that have exploration tasks, and the change to those free areas will be carried out through a public competition, like an auction within the Permanent Area Allocation Process (PPAA).
Colombian Association of Oil and Gas