Colombia Get's Ready to Auction its Natural Gas
Article from: OGEL 4 (2009), in National and International Issues in Natural Gas Development
Introduction
Amidst the uncertainty surrounding oil and gas investments in South America with contract renegotiations and unilaterally imposed changes in the fiscal and commercial terms in neighboring countries like Venezuela, Ecuador and Bolivia, Colombia continues to be a safe haven for foreign investors seeking legal stability and respect for the rule of law. The sound economic and security policies of President Alvaro Uribe's administration, together with the hydrocarbon exploration and production policies skillfully led by the National Agency of Hydrocarbons (Agencia Nacional de ...