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Colombia’s Energy Minister: Colombian oil reserves “extremely precarious”

Colombia Reports has the story, here’s how it starts:

Colombia’s oil reserves will be exhausted in seven years at the current
rate of extraction said Energy Minister on Tuesday.  This is particularly
alarming because according to government figures, about half of
Colombia’s export dollars come from oil.  Minister Amylkar Acosta told
El Espectador newspaper that no new major discoveries of oil had been
made recently and that Colombia’s reserves were “extremely precarious.”
Continues here

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