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Ministry of Mines Submitted Draft Decree to Strengthen Gas Supply
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Natural gas. Image: Canva. The Ministry of Mines and Energy published a draft decree amending the Single Regulatory Decree of the Administrative Sector of Mines and Energy (Decree 1073 of 2015), in order to adopt public policy measures aimed at promoting the supply of natural gas. The project raises price limits on two fronts. In the secondary market, during a situation of tight supply, the gas could only be marketed with a margin defined by the…
According to the document, these measures are aimed at strengthening supply, securing supply and establishing new rules for price formation in times of tightness.
·Bogotá, Colombia
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