Oil Majors Keen to Expand at Colombia Gas Blocks, Ecopetrol Says

  • Colombia may become self sufficient from offshore natural gas
  • First offshore gas production could come as early as 2027
WATCH: Ecopetrol CEO, Ricardo Roa. discusses the Colombian government’s transition away from fossil fuels. He spoke exclusively to Bloomberg’s Shery Ahn. (This video has been translated into English from Spanish.)Source: Bloomberg
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International oil majors are pushing to expand production at natural gas projects off Colombia’s Caribbean coast, Ecopetrol SA Chief Executive Officer Ricardo Roa said in an interview.

Companies including Petroleo Brasileiro SA and Shell Plc have expressed interest in increasing involvement in the deep-water gas fields that could eventually turn Colombia into an exporter of the fuel, he said at New York’s Bloomberg headquarters.