Colombian production of crude oil grows to 965,000 barrels per day in November, a 17.5% rise from the same month last year, according to the Ministry of Mines and Energy
In November 2010 average production was 821,000 barrels per day. The government’s 2011 target for the production of petroleum was 920,000 barrels per day, a goal which was reached in May 2011.
Mines and Energy Minister Mauricio Cardenas said that petroleum production is maintaining an upward trend. The minister continued that Colombia is ever closer to attaining its goal of producing one million barrels a day – almost double the rate five years ago.
Cardenas said that reaching this goal would have big economic and social impact in the country.
The production of natural gas had an average of 1,005 million cubic feet per day. This is a decrease on November last year when the figure stood at 1,072 million cubic feet per day.