Colombia Weighs Importing Natural Gas and Crude From Venezuela.

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    • Subject Terms:
      VENEZUELA; COLOMBIA
    • Abstract:
      Colombia is considering the possibility of importing natural gas and light crude from Venezuela in order to reduce fuel costs. The country is also exploring the idea of participating in oil exploration in Venezuela. This marks a shift in President Gustavo Petro's policy to move away from fossil fuels. Colombia's natural gas reserves have dropped to their lowest level since 2007, and the country has 7.5 years' worth of proven crude reserves. [Extracted from the article]
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