Minute30.com .- After learning of the decision of the multinational Shell to sell its gas exploration assets in Colombia, former Deputy Minister of Finance Juan Alberto Londoño launched a strong criticism against President Gustavo Petro, accusing him of scaring away foreign investment and putting the country’s energy stability at risk.
“Gustavo Petro ended foreign investment in Colombia. Shell, an important company in the extractive sector, is leaving the country. Repsol recently made the same decision,” Londoño expressed through his social networks, showing his concern about the progressive withdrawal of large companies from the hydrocarbon sector.
Shell confirmed its exit from the Fuerte Sur, Purple Angel and COL-5 offshore blocks, which it was developing together with Ecopetrol on the Caribbean coast. With this decision, it joins a list of giants in the sector such as ExxonMobil, ConocoPhillips, OXY, Chevron and Repsol, which have reduced or ceased their operations in the country in recent years, generating growing uncertainty in the national energy market.
For Londoño, the panorama is alarming. “Our already badly hit self-sufficiency is increasingly in danger; every day there is greater fiscal risk,” he warned, referring to the growing need to import gas and the economic impacts that this could have for public finances in a context of foreign disinvestment.
Here more Economic News

