Columnas de Opinión

Petro Names Engineer to Lead Colombia Away From Fossil Fuels

  • Former min. Vélez quit following abuse of power allegations
  • Investors to look out for his stance on new oil contracts

Camacho, 42, was a candidate to the Lower House in 2018 as part of Comunes party which was founded by former members of the FARC guerrilla group.

Investors will be waiting to hear what Camacho’s stance is regarding a potential need for new exploration contracts, said Sergio Cabrales, a professor at Bogotá’s Los Andes University. Yet, “it seems they want to maintain the same stance as that of the former minister,” he said.

https://www.bloomberg.com/news/articles/2023-07-25/colombia-s-petro-names-camacho-as-new-energy-minister