Blockades cause oil production to fall and will affect the payment of royalties – Sectors – Economy
The graves public order problems that have been registered in Arauca, Putumayo and Caquetá, led to a drop in preliminary oil production in Colombia during the month of February. According to the Colombian Chamber of Goods and Services of Oil, Gas andEnergy (Campetrol), is produced 759,900 barrels of oil per day (bpd)a drop of 1.8 percent (13,600 bpd) compared to the barrels that were reported last January (774,000 bpd).(Also read: Protests and blockades jeopardize key sectors for the country's economy) However, in the first two months of the year (January and February) oil production reaches an average of 766,800 bpd,…
