What Is Ecopetrol’s Plan to Expand at Home and Abroad?
Colombian state oil company Ecopetrol, plans to expand and might face challenges as their development efforts continue.
"It is clear that Ecopetrol has relevant increasing interests abroad, but there is no reason to consider that its main objectives continue to be in Colombia. This will not change in the short term in our view," said Partner Jose Zapata. "Nonetheless, production is expected to recover in the coming years, due to increased investments."