| Description |
1 online resource (25 pages) : color map, color photographs |
| Contents |
Introduction. -- Global considerations. -- Colombia's opportunity in context. -- State of play. -- Conditions for successful shale development. -- Policy recommendations |
| Summary |
Oil and gas production is a significant driver of Colombia's economic growth. With decreased conventional hydrocarbon production in recent years, unconventional shale resources could provide additional revenues from the sector and stimulate growth as the country recovers from COVID-19. But care must be taken to ensure that shale production is environmentally sound and that royalties reach local communities. As the Iván Duque administration prepares to award investigative pilot projects (PPIIs) for shale development in November 2020, the Atlantic Council's Adrienne Arsht Latin America Center and Global Energy Center launched on October 29 the report "Colombia's Shale Resource Potential," the second in the Global Energy Center's Future of Shale series. In the report, John D. Padilla explores the necessary conditions for successful shale development in Colombia. He analyzes key global and local factors that will determine whether the country's abundant shale resources can be developed safely and sustainably. The new report argues that the most important factors that will support sustainable shale development are political will, legal certainty, and a robust, yet flexible, regulatory framework for PPIIs |
| Notes |
"October 2020." |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF cover page (Atlantic Council, viewed November 7, 2020) |
| Subject |
Petroleum industry and trade -- Colombia
|
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Oil shale reserves -- Colombia
|
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Natural gas reserves -- Colombia
|
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Energy development -- Government policy -- Colombia
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Energy development -- Government policy.
|
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Natural gas reserves.
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Oil shale reserves.
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Petroleum industry and trade.
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Colombia.
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| Form |
Electronic book
|
| Author |
Atlantic Council of the United States, publisher.
|
| ISBN |
9781619771369 |
|
1619771365 |
|
