Colombia Oil & Gas Report Q3 2012 - New Market Report Now Available
BMI View: Colombia's oil sector has seen impressive levels of growth since the mid-2000s and we expect that positive trend to continue throughout our 10-year forecast period, with oil production expected to surpass 1mn barrels per day (b/d) in 2013. This growth will be driven by an improving security situation, which should allow for expanded exploration activities, improved transport infrastructure and an attractive fiscal regime.
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