Newsweek

A REVOLUTION AT COLOMBIA’S NATIONAL HYDROCARBONS AGENCY

After five years without assigning petrol blocks, ANH is reactivating the sector, having signed 16 contracts for exploration and production, sparking something of a revolution at the agency.

Colombia is announcing itself among the most competitive markets in Latin America – behind regional powerhouse Brazil – given its political stability compared with its resource-rich but turbulent neighbors of Venezuela and Ecuador, and Mexico and Argentina further afield.

Colombia produces an average of about

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