GeoPark: Colombian production resumes after protests : vimar

GeoPark: Colombian production resumes after protests


GeoPark: Colombian production resumes after protests
Jun 1, 2021 1:50:pm
Summary
by: Daniel Graeber
Posted in:
GeoPark: Colombian production resumes after protests
Latin American-focused oil and gas explorer GeoPark said June 1 it was able to resume operations in Colombia following disruptions from domestic protests.
GeoPark announced May 17 that road blockades and other demonstrations affected operations across three fields in Colombia, two of which were operated by the company.
Strikes across Colombia greeted an April tax reform proposal. Working to alleviate chronic debt, Colombian president Ivan Duque proposed a higher tax for middle- and high-income earners, sparking a major public backlash.
Colombian energy company Ecopetrol said last month that its upstream, midstream, downstream and commercial and marketing segments were all impacted by the social unrest. Apart from road blockades, the company said there had been isolated incidents involving its infrastructure.

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