Felipe Bayón talks about his departure and the future of Ecopetrol – Sectors – Economy

Felipe Bayón talks about his departure and the future of Ecopetrol – Sectors – Economy

As of March 30, Felipe Bayon he will leave the presidency of Ecopetrol after five years and six months at the helm.

Although his decision was met with some, in dialogue with Caracol Radio Bayón he said that he had already discussed it with his family for a long time. He even assured that he raised it with the board of directors since last year.

(You can also read: The alleged pressure for Felipe Bayón to leave the presidency of Ecopetrol)

«I told them, let’s do things in order, let’s do things well, here the important thing is the institutions and the teams and we managed to reach a kind of agreement with the board within respect,» he highlighted on the station.

Although he said that his future work has not yet been defined, he acknowledged that he does not see himself on the public side. «I think that the issue of going to do something public is not my thing,» she admitted.

Regarding what will happen in ecopetrol After his departure, Bayón said that “Colombia remains in a company with a world-class flight plan. «You have to take care of the company,» he stressed.

On the country’s energy future, he assured that the Government continues to analyze whether new contracts are needed and specifically on the fracking He said on Blu Radio that he will abide by the decision of Congress, but if it cannot be done in Colombia, Ecopetrol will do it in another country.

This mechanical engineer assumed the presidency of Ecopetrol in September 2017.

Photo:

Jaime Moreno / THE TIME

“If the Government and Congress decide that there is no fracking in Colombia, Ecopetrol will not do fracking; however, this would allow the company not only production in reserves but profit and also that Ecopetrol’s accounts are solid. Today between dividends, taxes and royalties it can be 10 percent of the Budget”, Bayón said.

In addition, he said that you have to have these businesses running, but with a low carbon intensity, with reuse and recirculation of water and with policies that allow this decarbonization. “We have to keep moving forward in the transition. They are things that are not fighting, but complementing each other, ”she said.

By Mitchell G. Patton

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