Search for

No matches. Check your spelling and try again, or try altering your search terms for better results.

situation report

Feb 15, 2019 | 16:30 GMT

1 min read

Colombia: Hydraulic Fracturing Pilot Projects May Advance Under Strict Monitoring

What Happened: An expert panel assembled by the Colombian government has said three hydraulic fracturing pilot projects may advance under strict monitoring, Reuters reported Feb. 14.

Why It Matters: The Colombian government is attempting to establish hydraulic fracturing on a large scale to boost the country's oil production and reserves. Some left-wing politicians and local populations, however, have opposed the practice. The expert panel's opinion will give Bogota stronger legal backing to advance with pilot projects.

Background: Colombia's environmental groups and certain left-wing politicians and political organizations oppose hydraulic fracturing over concerns that widespread implementation would result in significant environmental damage without providing significant financial benefits for local towns and regions.

Read More:

Connected Content

Regions & Countries
Topics
Companies

Article Search

Copyright © Stratfor Enterprises, LLC. All rights reserved.

Stratfor Worldview

OUR COMMITMENT

To empower members to confidently understand and navigate a continuously changing and complex global environment.

GET THE MOBILE APPApp Store
Google Play