De la Espriella Plans New Colombia Oil Exploration, Fracking in First Executive Moves
Updated
Updated · Bloomberg · Jun 5
De la Espriella Plans New Colombia Oil Exploration, Fracking in First Executive Moves
1 articles · Updated · Bloomberg · Jun 5
Summary
Abelardo de la Espriella would authorize new oil and gas exploration and restart fracking pilot programs immediately after taking office, according to running mate José Manuel Restrepo.
Those first executive actions would begin reversing the current government's anti-oil stance and signal that Colombia is reopening the sector to private investment.
The proposal puts energy policy at the center of the presidential race, with the frontrunner promising a rapid shift in how the Andean nation treats fossil-fuel development.