Colombia Oil and Gas Sector 2019/2020
An EMIS Insights Industry ReportEMIS is an ISI Emerging Markets Group Company Date: August 2019
Pages: 72
Available in: English
The oil and gas sector is important to Colombia’s economy, representing 40% of the country’s total export value and 22.3% of total FDI inflow as of 2018. The sector is dominated by state-run company Ecopetrol, which, along with its subsidiaries, was responsible for more than 60% of crude oil output and 79% of natural gas output during 2018. As more than half of Ecopetrol’s revenues come from outside Colombia (52% of 2018 sales), the sector is highly reliant on international trends. As a result, the slump in global mineral commodity prices between 2014 and 2016 led to a fall in investments, which caused reductions of both proven reserves and output in the crude oil and natural gas segments. However, in 2017 and more acutely in 2018, the sector started to recover on the back of higher crude oil prices and increased economic activity in Colombia.
This report provides a complete and detailed analysis of the oil and gas sector for Colombia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
What this report allows you to do:
- Understand the key elements at play in the oil and gas sector in Colombia
- Access production and investment forecasts
- Crystallise the forces both driving and restraining this sector in Colombia
- Gain insight into reserves, drilling activity, infrastructure and other production issues
- See oil and gas consumption within the country
- Ascertain Colombia’s position in the global sector
- Build a complete perspective on sector trade, investment and employment
- Understand the competitive landscape and who the major players are
- View M&A activity and major deals
- Gain an understanding of the regulatory environment for the sector in Colombia
- Build a clear picture of the downstream, midstream an upstream processes
Email us at: emisstoresupport@emis.com