Portal Industrial Cartagena Colombia - Forum - Contacts

Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Will Colombia Become Latin America's Poster Child for Peak Oil


Guru

Status: Offline
Posts: 12637
Date:
Will Colombia Become Latin America's Poster Child for Peak Oil
Permalink   
 


Will Colombia Become Latin America's Poster Child for Peak Oil

In a stark interview with RCN Radio, Colombia's Finance Minister Mauricio Cardenas told his audience that Colombian oil reserves will last only eight more years at the current rate of consumption, adding, "We know that's not much time to sustain a pace of 1 million barrels per day. That's why we need to find reserves quickly."

Adding to the grim picture Cardenas said that as yet, state oil firm Ecopetrol SA, 80 percent governmental and 20 percent private, one of the 25 largest petroleum companies in the world, had yet to discover new fields as large as Arauca province's Cano Limon (95,000 barrels per day) or the Cusiana-Cupiagua field in Casanare province in 2011. The Cusiana-Cupiagua field peaked at 434,000 bpd in 1999, declined the following year to 342,000 bpd and has been dwindling ever since, although the U.S. government's Energy Information administration notes, "Colombia produced 923,000 barrels per day (bbl/d) of oil in 2011, up 35 percent from the 595,000 bbl/d produced in 2008," adding that, "EIA forecasts that Colombia's oil production will increase in the next two years: in the May 2012 edition of the 'Short Term Energy Outlook,' EIA projected that Colombian oil production will rise to 970,000 bbl/d in 2012 and will exceed one million bbl/d in 2013."

Cardenas noted, "Finding fields like those is very difficult. None has shown potential of that magnitude thus far. There are several (fields) with some minor potential and they add up. And that's better because this isn't about winning the biggest prize, it's about winning several secondary prizes."

The good news?

Last year Ecopetrol SA, recorded net profits of $15 billion marking the firm's second most profitable year ever, with Cardenas noting bpd production slightly above the EIA statistics, telling reporters, "Ecopetrol gave us excellent results last year… which fills us with optimism. We've been at (1.18 million barrels per day since the beginning of 2012."

**Find out more about Colombia Oil & Gas at the Colombia Oil & Gas Summit and Exhibition next month! http://www.cwccolombia.com**

To read more of the article: http://www.dailyfinance.com/2013/03/05/will-colombia-become-latin-americas-poster-child-for-peak-oil/

 



__________________


Guru

Status: Offline
Posts: 12637
Date:
Permalink   
 

wilfried Ellmer, manager, expat, latin america, colombia, business development, advisor, consultant, portal, german, english, spanish, business development key player network, colombia foreign investment, colombia subsidiary opening, real estate, marine services, tourism, chamber of commerce, business partnering,industrial asset management, joint venture, oil, gas, mining, infrastructure, services, outsourcing, barges, ship repair, shipyard services, development, colombia resident manager, colombia european expat manager, country manager, portal industrial cartagena, internet, seo, search engine marketing, industry, logistics integration, management, projects, headhunting, project setup, executive search, your man in colombia, colombia business development expert, fulltime, parttime, freelance, consulting, available for projects now, logistics, support, setup, WILFRIED ELLMER ASESORIAS Y SERVICIOS S A S, info@tolimared.com

/ Contact / Order / Source / Info /



__________________


Newbie

Status: Offline
Posts: 3
Date:
Permalink   
 

Even if you have used different types of documents as your sources, our Chicago citation generator can create different accurate citations for those. Lessen your stress by using our effective citation generator. Get ahead of others by providing precise citations in each of your assignments. Now when it comes to the Oxford style of referencing, many students may fumble while navigating their way through the proper rules and requirements. But all that can be managed in a snap of a finger when you use our oxford referencing generator tool. Everybody wants their academic paper to stand out, but without proper referencing, you might end up losing a few valuable marks.If you are not sure about how to create a list of citations in the vancouver citation, you can use our auto-generating tool that can rescue you from the grueling task in no time at all. With our online tool, you can now free yourself from the time-consuming process of writing references for your essays and other research work.



__________________

online essay editor

merckseo

Date:
ไฮโลออนไลน์
Permalink   
 


Very good points you wrote here..Great stuff...I think you've made some truly interesting points.Keep up the good work. ไฮโลออนไลน์



__________________
Anonymous

Date:
RE: Will Colombia Become Latin America's Poster Child for Peak Oil
Permalink   
 


I would prescribe my profile is vital to me, I welcome you to examine this subject... สล็อตออนไลน์



__________________
Anonymous

Date:
Permalink   
 

Home design courses can be a great way to learn about the principles of good design and how to apply them to your own home. In addition to learning about aesthetics, you'll also study the function of different rooms and how to make the most of your space. You'll likely cover topics such as color theory, furniture placement, and accessorizing, and you may even have the opportunity to visit some model homes or take part in a design project. Whether you're looking to update your home's decor or completely renovate it, taking a home design course can give you the knowledge and confidence you need to get started.



__________________
Anonymous

Date:
Permalink   
 

La formation en gestion d'entreprise est essentielle pour quiconque souhaite devenir un gestionnaire d'entreprise performant. Grâce à la formation, les gestionnaires apprennent les compétences essentielles dont ils ont besoin pour diriger et gérer efficacement une entreprise. Ces compétences comprennent la gestion financière, la gestion des ressources humaines, le marketing et la gestion des opérations. En outre, les gestionnaires apprennent également à élaborer et à mettre en œuvre des plans stratégiques, à prévoir les tendances futures et à prendre des décisions sous pression. Sans ces compétences essentielles, il serait très difficile pour les gestionnaires de gérer une entreprise avec succès. La formation en gestion d'entreprise fournit aux gestionnaires les outils dont ils ont besoin pour réussir dans le monde des affaires hautement compétitif d'aujourd'hui. formation gestion d'entreprise



__________________
merckseo

Date:
플레이포커홀덤머니상
Permalink   
 


I read this article. I think You put a great deal of push to make this article. I value your work.  플레이포커홀덤머니상



__________________
Anonymous

Date:
RE: Will Colombia Become Latin America's Poster Child for Peak Oil
Permalink   
 


I really acknowledge essentially examining the lion's share of your weblogs. Simply expected to prompt you that you have people like me who esteem your work. Unquestionably a magnificent post. Tops off to you! The information that you have given is extraordinarily valuable. 카지노사이트



__________________
merckseo

Date:
sell merchant services
Permalink   
 


I like review sites which grasp the cost of conveying the fantastic helpful asset for nothing out of pocket. I genuinely revered perusing your posting. Much obliged to you!  sell merchant services



__________________
merckseo

Date:
슬롯커뮤니티
Permalink   
 


Online slot site recommendation community in Korea 슬롯커뮤니티



__________________


Member

Status: Offline
Posts: 15
Date:
Will Colombia Become Latin America's Poster Child for Peak Oil
Permalink   
 


I really enjoy reading and also appreciate your work.
production company near me
video companies near me
Production companies near me



-- Edited by jamesmorgan2 on Friday 11th of November 2022 01:32:29 PM

__________________
Anonymous

Date:
Permalink   
 

Akses resmi link pg soft slot nexus, untuk daftar pg soft, slot deposit 10rb, main pgsoft mahjong ways dengan auto wallet dan pulsa. slot demo anti lag



__________________
merckseo

Date:
munchkin kittens for sale
Permalink   
 


Mycatttery is the best place of munchkin cat for sale. We are a home kennel dedicated to providing you with high quality Munchkin kittens. munchkin kittens for sale



__________________
Anonymous

Date:
RE: Will Colombia Become Latin America's Poster Child for Peak Oil
Permalink   
 


Korea's free sports broadcasting (overseas soccer, basketball, baseball) TV viewing site. 해외축구중계



__________________
merckseo

Date:
munchkin kittens for sale
Permalink   
 


Welcome to Chris and Bella’s Cattery, we dedicate our lives to the breeding of munchkin cat for sale and Scottish fold munchkin cat for sale for any family who is caring and loving who needs to add our adorable fur babies to their lives. Our kittens and cats are well behave and well trained to fit into any family with kids, birds, dogs and other pets. Getting a munchkin cat, kitten or Scottish fold munchkin from our cattery will mean getting a loving, caring and passionate friend or partner for the rest of your lives. munchkin kittens for sale



__________________
merckseo

Date:
토토
Permalink   
 


It's predominant, however , look at material at the road address.  토토



__________________
merckseo

Date:
먹튀검증업체
Permalink   
 


These things are vital, great think so - I suspect as much as well...  먹튀검증업체



__________________
merckseo

Date:
ไฮโล ออนไลน์
Permalink   
 


Thanks for posting this info. I just want to let you know that I just check out your site and I find it very interesting and informative. I can't wait to read lots of your posts. ไฮโล ออนไลน์



__________________
Page 1 of 1  sorted by
Quick Reply

Please log in to post quick replies.



Create your own FREE Forum
Report Abuse
Powered by ActiveBoard