After time revealed that Shell will leave the exploration and production of hydrocarbons in Colombia because it will no longer bet on several natural gas projects located in the Caribbean Sea, Ecopetrol and Shell spoke about this decision.
Shell confirmed that he withdraws from the Costa outside Co-5, Purple Angel and Fuerte Sur assets. “The decision is due to reasons related to its strategy and global portfolio management,” The company said.
Nevertheless, Shell said he will continue working to provide flexible energy products and solutions for Colombia, as is the supply of liquefied natural gas, lubricants and fuels.
Photo:Shell
Nonetheless, Ecopetrol said that a plan has begun to determine the best alternative that guarantees the continuity of these natural gas projects.
In the Col-5, Purple Angel and Fuerte Sur blocks are the natural gas discoveries Kronos, Purple Angel, Glaucus, Gorgon-1 and Gorgon-2, which had been operated by Shell and of which it has a 50 percent participation.
These discoveries They allowed Ecopetrol for several years to confirm the existence of a Gasífera province in deep waters of the Colombian Caribbean.
Photo:Private archive
Even, in May 2017, Former President Juan Manuel Santos said that it was the greatest discovery of natural gas in the last 28 years, From the findings of Cusiana and Copiagua in 1989 in Casanare.
Ecopetrol said that These projects are technical and economically viable, in addition to being a priority for the company and for the country. Therefore, the actions that must be implemented are being evaluated to maintain their continuity over time and develop the resources that ensure the medium -term gas offer.
“The maturation of Gorgon’s development project and socio -environmental viability management They continue with a projection to end the first semester of 2029 and initiate production between 2031 and 2032 “, Ecopetrol said.
Photo:stock
In that sense, Ecopetrol is evaluating connection options with the national Transportation System to market gas and meet national demand.
Despite this decision in Colombia, Ecopetrol and Shell continue to be partners and, together with total, advance in the development of the Cat Do Mato field in Brazil, to which significant resources will be allocated in 2025.
“Ecopetrol maintains its commitment to the development and maturation of gas resources in the Caribbean Sea, Understanding this fuel as one of the axes of the energy transition, “said the company.
