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Can Colombia’s New Government Reverse the Nation’s Oil and Gas Decline?
OilPrice
In a closely contested presidential election in Colombia, controversial far-right candidate Abelardo de la Espriella emerged victorious.
After an official recount, his opponent, left-wing senator Ivan Cepeda, conceded defeat.
This was a hard-fought campaign which split the community, sparking much controversy across Colombia.
While debate rages over De la Espriella’s policies and ascension to power, it is clear his presidency will be a godsend for Colombia’s beaten-down, economically critical oil industry.
After the closest election…
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