(ANH, 30.Nov.2021) — The National Hydrocarbons Agency – ANH will hold tomorrow 1 December 2021, the Presentation of Proposals Hearing of the Colombia Round 2021 to continue advancing in the reactivation of the hydrocarbons sector.
In the Colombia Round 2021, 17 companies were qualified, a new contractual framework was structured, a new land map was developed and investors were given the opportunity to submit proposals through blockchain technology.
The Fourth Cycle of the Permanent Process of Area Assignment – Colombia Round 2021, has 28 areas offered by the ANH located in mature, emerging and frontier basins, of which 23 are continental and 5 are offshore in the Colombian Pacific, for subscription of E&P and TEA contracts. Additionally, the qualified companies nominated 25 areas, for a total of 53.
“The reactivation of the Colombian hydrocarbons sector is a reality. When we started this government we had nearly 5 years without signing a single contract and today we have 39 exploration and production contracts signed, thanks to the process led by the Ministry and the ANH. This is a fundamental sector not only for the national economy because of its economic contributions to the country’s finances, but also because of its role in guaranteeing national energy security and closing gaps in the Colombian regions”, said the Minister of Mines and Energy Diego Mesa.
The successful outcome of this process will allow us to continue promoting the development of this important sector for the economic reactivation and growth of the local regions.
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