A report published by the International Energy Agency yesterday says that markets will increasingly have to rely on producers in the Americas to meet growing demand over the next decade - with Brazil and Colombia touted as key contributors.
Brazil is expected to increase production by a million barrels a day, the agency noted, in large part thanks to the large pre-salt reserves discovered off the country′s coastline, while Colombia is projected to increase production by 300,000 barrels a day as international energy companies increasingly invest there.
These contributions are key parts of the global increase in production, forecast at 1.1 million barrels per day every year between 2010 and 2016. Increases from Canada and the US are also essential to the overall production growth from the Americas.
Brazil and Colombia are the two countries Latin Lawyer′s Latin American Oil and Gas Conference will focus on, precisely to investigate what these two countries are doing right in terms of investability, and how to make deals work inside the legal and regulatory frameworks of each.
Newly-added to the speakers list is Tomas de la Calle, an ex-subdirector of Colombia′s regulatory agency ANH, who will join Thales de Miranda of Petrobras in an in-depth comparison of the regulatory frameworks in the two countries, led by Thompson & Knight LLP′s Andy Derman.
Also new is Leonardo Lerner, the very experienced general counsel of Comgas, who will be discussing the distributors point of view to a panel looking at the gas regulatory framework in both countries - alongside Colombia′s Gustavo Suárez Camacho of Suarez Zapata Partners Abogados and Leonardo Miranda of Machado Meyer Sendacz e Opice Advogados in Brazil, and led by José Valera of Mayer Brown LLP in Houston.
Other in-house speakers include the general counsel of OGX, Pacific Rubiales, Statoil, and Repsol, as well as the best of contributors from private practice in both Brazil and Colombia.
(Latin Lawyer 17.06.2011)
(Notícia na Íntegra)