Are Expectations for Colombia\u27s Oil Sector Too Optimistic?

In February, Mexican tycoon Carlos Slim said he was actively looking to boost investment in Colombia due to its burgeoning oil industry. Meanwhile, the United States Export-Import Bank approved nearly $1 billion in financing for Colombia\u27s state-run energy company Ecopetrol, identifying the country as one of nine emerging economies that offer the United States a greater opportunity for export sales. Are expectations about Colombia\u27s oil and gas industry justified or overly optimistic? What opportunities does the country offer that make it a desirable place to invest in the energy industry? How can the government boost investment to that sector? How does it compare to other oil-rich Latin American countries such as Brazil? Experts discuss what they think about this topic