PUBLICATION

Oil and Gas Investor

AUTHORS

Clotilde Bonetto Gandolfi, Timothy Lawrence

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Colombia Oil & Gas 2009 OGI Release

Oil & Gas

Colombia

May 04, 2009

Since coming to power on a foreign-investment-friendly ticket, the Colombian government has attracted significant foreign interest due to its friendly fiscal climate, investor confidence and improved security. The oil and gas sector has been the major beneficiary. In comparison with its close neighbors, which seem determined to make foreign investment as difficult as possible, Colombia is an oil and gas investor’s heaven. Companies with operations based out of Venezuela and Ecuador are refocusing their budgets and corporate strategy on Colombia.

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