Chevron reaffirms its commitment in Colombia with more than USD 83 million invested

• In the last five years, the company has allocated resources to infrastructure, strategic terminals, and the Texaco network, which includes more than 550 service stations and generates over 6,500 jobs.
  
• Chevron has executed strategic investments in priority regions such as Buenaventura, Cartagena, San
  Andrés, Yumbo, Medellín, and Bogotá

Chevron continues to strengthen its commitment to Colombia after nearly a century of operations in the country. Over the last five years, the company has invested more than USD 83 million in modernizing its infrastructure and strengthening the Texaco network. This aims to provide reliable, affordable, and cleaner energy, thus benefiting millions of Colombians and contributing to the growth of the regions.

Through its operation, the company has played a strategic role in national energy security. Its operation helps ensure the supply of fuels that mobilize more than 12 million motorcycles, 7 million private vehicles, as well as the land transport of 183 million tons of cargo per year and 56 million passengers. To achieve this, the company has six own terminals, four joint terminals, a lubricants plant, aviation fuel distribution, and a robust network that allows it to respond reliably and safely to market needs.

“At Chevron, we believe in Colombia and its growth potential. That is why we maintain a commitment that translates into concrete investments, solid infrastructure, and job creation. Affordable, reliable, and increasingly cleaner fuel is essential to achieving economic prosperity, energy security, and environmental protection,” says Alejandro Riveros González, Corporate Affairs Manager for Colombia and Central America.

As part of that commitment, Chevron has focused efforts on strengthening its operational capabilities in different regions of the country by investing approximately 30 million dollars in its operations aimed at improving terminal infrastructure and optimizing operations under high standards of safety and efficiency.

Investments were made in the Buenaventura terminal, the only one on the Pacific connected to the national pipeline network ensuring alternate supply routes, to achieve improvements in operation and equipment for product quality assessment. In Cartagena, investments were made in safety and operations equipment improvement projects.

Resources were also allocated for the modernization of the loading system at the Medellín terminal; in Bogotá, to reinforce aviation fuel distribution and the production of high-quality lubricants; in San Andrés, to implement ethanol blending and modernize the airport fleet; and in Yumbo, in distribution systems and wastewater treatment at the terminal.

Additionally, with the purpose of strengthening its network of Texaco service stations nationwide, Chevron has made investments of around 53 million dollars in recent years, establishing itself as one of the leading brands in fuel distribution, becoming a reliable partner for development, energy security, and national competitiveness.

In the coming years, Chevron will continue to invest in its entire operation to improve operational capabilities and continue ensuring the supply of fuel throughout the country under high standards of safety and efficiency.