ACP as a source of information
Source: Q Hubo Bogotá – Regional
Date: March 05
Headline: Fracking studies heat up the controversy in the country
Preliminary studies for the implementation of fracking will soon begin in Colombia. This was established in decree 328 issued by the Ministry of Mines and Energy, which sets the guidelines for these projects in the country, a fact that has ignited controversy, as there are those who support the initiative, while others condemn it for considering that it would bring serious environmental consequences for the national territory. (…) Opinions. Francisco Lloreda, president of the Colombian Petroleum Association (ACP), stated that the issuance of the decree is good news for the country, as it establishes a very clear framework and guidelines for the development of pilot projects.
Source: Q Hubo Cartagena – Regional
Date: March 05
Headline: Fracking studies heat up the controversy in the country
Preliminary studies for the implementation of fracking will soon begin in Colombia. This was established in decree 328 issued by the Ministry of Mines and Energy, which sets the guidelines for these projects in the country, a fact that has ignited controversy, as there are those who support the initiative, while others condemn it for considering that it would bring serious environmental consequences for the national territory. (…) Opinions. Francisco Lloreda, president of the Colombian Petroleum Association (ACP), stated that the issuance of the decree is good news for the country, as it establishes a very clear framework and guidelines for the development of pilot projects.
Source: Q Hubo Manizales – Regional
Date: March 05
Headline: Fracking studies heat up the controversies in the country
Preliminary studies for the implementation of fracking will soon begin in Colombia. This was established in decree 328 issued by the Ministry of Mines and Energy, which sets the guidelines for these projects in the country, a fact that has ignited controversy, as there are those who support the initiative, while others condemn it for considering that it would bring serious environmental consequences for the national territory. (…) Opinions. Francisco Lloreda, president of the Colombian Petroleum Association (ACP), stated that the issuance of the decree is good news for the country, as it establishes a very clear framework and guidelines for the development of pilot projects.
Source: Caracol Radio – National
Date: March 05
Source: Caracol Radio – National
Date: March 05
Source: La W Radio – National
Date: March 05
Headline: According to the ACP, hydrocarbon exploitation through fracking would begin in 2022.
Source: RCN Radio. – National
Date: March 05
Source: Maravilla Stereo – Regional
Date: March 05
Source: Cacica Stereo – Regional
Date: March 05
Source: Cable Noticias – Regional
Date: March 05
Source: lavibrante.com – Regional
Date: March 05
Headline: The oil guild in Colombia expects to start commercial fracking in 2022.
While advances in technical, environmental, and contractual regulations are presented, the association of Colombian oil companies communicated that if the projections expected from the pilots go well, the exploitation of resources such as oil and gas will very likely occur in 2022. “The issuance of the decree is good news for the country, establishing a very clear framework and guidelines for the development of the pilots. We hope it will be complemented very soon. We await with great interest and a positive outlook the issuance of the regulation to be able to start next year with the pilot projects, to drill, and as soon as possible to indicate not only the size of the deposits but to advance to an exploitation phase that would be in 2022,” reported Francisco Lloreda, president of the Colombian Petroleum Association (ACP).
Source: corrillos.com.co – Regional
Date: March 05
Headline: Companies have 650 million dollars to invest in fracking
Mining and energy companies with a presence in Colombia have a budget of 650 million dollars to invest in four pilot research projects related to the exploration of unconventional oil and gas deposits, said a private association. (…) “What the companies have budgeted is 650 million dollars at this pilot stage,” said the president of the Colombian Petroleum Association, Francisco José Lloreda, revealing that the companies interested in developing fracking pilots are the mining company Drummond and the oil companies Ecopetrol, Exxon Mobil, and Conoco Phillips.
Source: gerente.com – National
Date: March 05
Headline: US$ 650 million will be invested by oil companies in fracking pilot projects
According to the multinationals, the regulation issued by the government, which allows the implementation of fracking pilot projects, is a step in the right direction and enables the country to ensure oil and gas self-sufficiency. Mining and energy companies operating in Colombia have a budget of US$ 650 million to invest in four pilot research projects related to the exploration of unconventional oil and gas deposits, announced the Colombian Petroleum Association, ACP. According to the association, the regulation issued by the government, which allows the implementation of fracking pilot projects, is a step in the right direction and allows the country to advance.
Source: lasillavacia.com – National
Date: March 05
Headline: With the decree from Minminas, Fracking starts to crawl, but it still doesn't walk
This Tuesday, the government of Iván Duque announced the long-awaited decree to carry out the first pilot projects to study the risks of fracking in Colombia. With this, it reignited a debate that has lasted more than ten years in the country, which was revived last year when the Council of State gave the green light to these pilots, as long as they met certain conditions, developed by the Expert Commission convened by the same government at the end of 2018. (…) With the decree issued, the Ministry of Mines and Energy gives the initial signal for the pilots to be regulated. (…) According to the ACP (Colombian Petroleum Association, the oil companies' association), those that have expressed interest are Drummond, ConocoPhillips, Ecopetrol, and Exxon, which already have contracts for unconventional deposits (where fracking is needed) with the ANH.
Source: redmas.com.co – National
Date: March 05
Headline: «We have been 30 or 40 years without finding a significant deposit»: Lloreda
Francisco Lloreda, president of the Colombian Petroleum Association, this Thursday, in red+ noticias, explained the importance of conducting fracking pilots in Colombia, whose drilling could take place starting next year in the areas and wells determined by the Ministry of Mines and Energy. (…) “Proven reserves of gas and oil would increase significantly when we talk about gas importation in Colombia and we have so much gas. It should be noted that if the pilot projects are successful in the preliminary maturation stages, we would have reserves for more than 25 years.” The official also pointed out that there should be tranquility and trust built in the areas influenced by the projects. “If we find a Caño Limón, a Cusiana, it would be like the Virgin appearing to us; let’s remember that we have been without finding a significant deposit for over 30 years.”.
Source: miradas.co – National
Date: March 05
Headline: Companies have 650 million dollars to invest in fracking pilot projects in Colombia: union
Mining and energy companies with a presence in Colombia have a budget of 650 million dollars to invest in four pilot research projects related to the exploration of non-specific oil and gas deposits, a private association said on Wednesday. (…) «What the companies have budgeted is 650 million dollars at this pilot stage,» said the president of the Colombian Petroleum Association, Francisco José Lloreda, revealing that the companies interested in developing fracking pilots are the mining company Drummond and the oil companies Ecopetrol, Exxon Mobil, and Conoco Phillips. In Colombia, the production of hydrocarbons through fracking is not allowed. The country updated an average daily oil production of 885,851 barrels in 2019.
Source: caracol.com.co – National
Date: March 05
Headline: In 2022, oil exploitation with fracking would begin: ACP
The first pilot tests would be carried out next year according to the established schedule. The oil sector expressed its satisfaction with the National Government's decision to advance in the development of fracking pilot tests in the country. The president of the Colombian Petroleum Association (ACP), Francisco Lloreda, celebrated the Ministry of Mines' decision to issue the decree that establishes the guidelines for the pilot projects. He pointed out that Ecopetrol, Exxon, ConocoPhillips, and Drummond have already expressed their interest in advancing the first tests with an investment exceeding US$ 650 million.
Source: rcnradio.com – National
Date: March 05
Headline: Oil sector calls for lowering the tone of concern over coronavirus
The union stated that a ‘reality show’ has been generated around the expansion of the new virus. The Colombian Petroleum Association (ACP) affirmed that it is necessary to lower the tone of the concern generated around the coronavirus, as there are other types of diseases that have a higher level of health impact than that caused by the new virus. The president of the association, Francisco Lloreda, indicated that he is impressed by the 'reality show' that has been created around the spread of Covid-19, which has already reached more than 60 countries, including Brazil, Mexico, Chile, and Argentina.
Source: rcnradio.com – National
Date: March 05
Headline: In 2022, commercial exploitation of oil and gas through fracking would begin: ACP
The oil sector expects to invest more than 600 million dollars for the fracking pilots. The Colombian Petroleum Association (ACP) stated that with the regulation of the Comprehensive Research Pilot Projects (PPII), the sector will begin to advance the processes and permits to start the pilots next year. Now the industry is waiting for the Ministries of Environment and Health, as well as the National Hydrocarbons Agency (ANH), to issue the regulations that must be taken into account in social, environmental, health matters, among others. The association stated that if the pilot stage is successfully surpassed, the country could begin commercial exploitation through fracking by 2022.
Source: Caracol Radio – National
Date: March 04
Source: BLU Radio – National
Date: March 04
Colombian Association of Oil and Gas