Colombia’s problems go beyond peace deal

摘要

Colombia’s oil and gas production saw a remarkablernrenaissance in the period from 2007-2013, with oil outputrnrising from 531,000 b/d to 1.004 million b/d, while gas outputrnjumped from 7.5 Bcm to 12.6 Bcm. However, productionrnvolumes of both commodities have peaked in the last twornyears and domestic consumption has crept up. Colombianrnoil production in October was 846,000 b/d, down 15.1% fromrnOctober 2015. Natural gas production was 949 million cubicrnfeet per day (26.9 MMcm/d), down 9.6% on the year.