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Economy

Colombia hits record rate of oil production

by Wesley Tomaselli February 4, 2013
1.2K

Colombia Reports - Oil exploitation

Colombia reportedly recorded a record rate of oil production in January.

According to local media, Colombia produced over 1 million barrels of oil per day on average in January of 2013.

In December of 2012, production nearly touched the one million mark at 984,000 barrels per day. Attacks on oil infrastructure from left-wing insurgents, however, purportedly caused production to fall below its potential in many parts of the country.

BACKGROUND: Rise in FARC, ELN attacks hits wallet of Colombia’s oil, mining industries

Yet Colombia has experienced steady growth in investor confidence regarding its energy sector, registering $13.12 billion in foreign investment in 2012.

BACKGROUND: Foreign direct investment in Colombia oil and mining sector swells

oil production

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Colombia News | Colombia Reports
  • News
    • General
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    • War and peace
    • Elections
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    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
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    • Caribbean
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    • Coffee region
    • Amazon
    • Southwest Colombia
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@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top

Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion