Colombia’s Controversial Oil And Gas Exploration Ban Explained ...Middle East

Economy by : (OILPRICE) -
When left-wing Colombian President Gustavo Petro came into power at the beginning of the year, he pledged that he would bring an end to new oil and gas exploration. But as the months go by, some believe he should rethink this approach, putting Colombia’s economy ahead of the green transition. Petro announced in January that he would not be approving any new oil and gas exploration projects and aimed to move Colombia away from its reliance on fossil fuels in favour of clean energy. Irene Vélez, the minister for mines, stated at…

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