Colombia’s government may issue a new regulatory decree in order to overturn an administrative court injunction against the use of fracking in proposed pilot projects.
The country’s top administrative court, sitting as Council of State, upheld an effective moratorium on fracking, forcing several companies to suspend their plans for starting up pilot projects for the production of shale oil.
A proposed regulatory framework for development of unconventional oil and gas was blocked last year in response to a lawsuit filed by an environmental lawyer.
