Colombia Oil & Gas Report Q1 2016 - New Market Research Report
Recently published research from Business Monitor International, "Colombia Oil & Gas Report Q1 2016", is now available at Fast Market Research
[USPRwire, Wed Dec 16 2015] Colombia's energy sector is nearing an inflection point. While the past decade has witnessed strong production growth due to improvements in the business and security environment, we caution that the country will experience downward pressure on oil production over the longer term. The tendency toward smaller finds, as well as recent increases in pipeline attacks have begun to show signs of decreased investor interest in Colombia's resources, as witnessed in the 2014 licensing rounds. Furthermore, sustained lower oil prices have threatened the development of upstream and downstream projects by both national and international investors. Given ongoing below and above-ground challenges, we maintain a cautious stance toward the future of Colombia's hydrocarbon productivity.
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