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Does Insecurity Threaten Colombia's Booming Oil Sector?

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/20473

Does Insecurity Threaten Colombia's Booming Oil Sector?

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Title: Does Insecurity Threaten Colombia's Booming Oil Sector?
Author: Inter-American Dialogue’s Latin American Energy Advisor
Subject(s): Latin America
Colombia
ELN
Emerald Energy
Sinochem
energy
insecurity
oil
sector
industry
Arauca region
corporate social responsibility programs
San Vicente del Caguán
Caño Limón-Coveñas pipeline
FARC
guerrilla attacks
land tenure conflict
infrastructure
Llano region
income inequality
Abstract: Colombia's ELN rebels kidnapped 11 oil workers last month and released them last week. However, as a result of the security situation, Emerald Energy, which is owned by China's Sinochem, announced that it has suspended operations in southern Colombia. It is the second time the company has suspended operations there, adding that some of the trucking firms it works with are refusing to provide services due to the risk. Is Colombia's security situation threatening to hold back its booming oil sector? Will security problems in Colombia’s oilproducing areas get worse or better in the near term? What steps should the government be taking to lessen the risk?
Date: 2012-03-12
Publisher: Inter-American Dialogue
Citation: Inter-American Dialogue’s Latin American Energy Advisor, March 12-16, 2012; pp. 1, 4, 6.
Description: Re-posted with permission from the publishers as a PDF document as part of an Institutional Repository collection to aggregate energy policy, regulation, dialogue and educational materials.
URI: http://hdl.handle.net/1928/20473
Available at: http://www.thedialogue.org

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