Fracking in Colombia: For Real This Time?
Fracking in Colombia: For Real This Time?
By
Naki Mendoza
Colombia’s oil reserves are dwindling. President Duque sees fracking as a possible solution.
The political stalemate that’s frustrated Colombia’s shale oil ambitions for the last five years isn’t over just yet. But a recent government-commisioned report that gives fracking the green light may signal a breakthrough.
The verdict, issued by a 13-person panel of experts from across industry and academia, is not binding, nor is it a blank check for companies wanting to drill. It is instead a set of recommendations to proceed with small-scale pilot projects for...
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