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Oil and Peace in Colombia: Industry Challenges in the Post-War Period

It appears increasingly certain that the Colombian government will sign a peace agreement with guerrillas of the Revolutionary Armed Forces of Colombia (FARC) in 2016. The oil and gas industry is widely expected to be among the sectors to most benefit from the end of 50 years of armed conflict. The industry has been immersed in the country’s armed conflict since the mid-1980s, when guerrillas of the National Liberation Army (ELN), and subsequently the FARC, declared oil installations and personnel “legitimate” military targets. Kidnappings, extortion, and attacks against pipelines followed. The economic and environmental impact of these attacks is estimated to be in the billions of dollars. 
With the advent of peace, it is widely expected that oil development will be able to flourish unimpeded and transform Colombia into a major player in the hydrocarbons industry. Join us as we launch a report identifying several key challenges to this optimistic view. 




  • Alfonso Cuéllar

    President & Managing Director, Hill & Knowlton Strategies, Colombia