Bogota, Colombia (AP)-The Colombian President Gustavo Petro ordered the state runned oil company Ecopetrol on Tuesday to cancel a joint venture with a company in the US that would be expected to produce about 90,000 barrels of oil per day, stating Environmental problems.
In a national television speech, Petro said that he opposed the recent expansion of a deal between Ecopetrol and Occidental Petroleum, or Oxy, because it was involved in extracting oil by Fracking, a controversial technique used to oil and gas To be extracted from Schaalierot, which has been criticized by Schaalier rock that has been criticized by Schalierot, which was criticized by Schalierot, which has been criticized by Shaliersteen, environmental groups.
“I want that operation to be sold, and that the money is invested in clean energies,” Petro said in a meeting with his cabinet that became Livestream on social media. “We are against Fracking, because Fracking is the death of nature and the death of humanity.”
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Ecopetrol had announced on Monday that it would extend its activities with Oxy in the Perm -pelvis, an oil -producing region that spans Texas and New Mexico to develop 91 oil sources and to invest more than $ 880 million.
Ecopetrol said that his projects in the Perm -Bekken produced on average 95,200 barrels of oil per day in the first nine months of last year. The activities in the Perm -Bekken formed around 12% of the total production of Ecopetol last year.
Ecopetrol, checked by the Colombian government, but also mentioned on the New York Stock Exchange, saw its shares rise by 2% on Tuesday after the announcement of his deal with Occidental. However, they fell somewhat after Petro had called for the cancellation of the agreement.
Colombia has refused to approve Fracking projects on its territory, although the Ecopetrol had not blocked before to participate in Fracking Onderzegans.
Environmental activists claim that fracking can pollute water sources and cause vibrations.
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