Ecopetrol informs about a sanction imposed by ANLA in connection with the construction phase of Poliducto Andino
BOGOTÁ, Colombia, May 4, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Agencia Nacional de Licencias Ambientales (ANLA) notified on May 3rd, 2022 through Resolution 881 that Ecopetrol had been declared responsible of undertaking during the construction phase of the hydrocarbon transportation Poliducto Andino project, works that were not covered by the environmental license.
Consequently, ANLA confirmed the penalty initially imposed to Ecopetrol with Resolution 754 of 2021 in an amount of one billion three hundred and eight million six hundred and sixty thousand eight hundred and fifty-four Colombian pesos (COP
Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees. In Colombia, it is responsible for more than
This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases or orally, address matters that involve risks and uncertainties, including in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements.
For further details, please contact:
Head of Capital Markets
Tatiana Uribe Benninghoff
Correo electrónico: investors@ecopetrol.com.co
Media Engagement (Colombia)
Jorge Mauricio Téllez
Email : mauricio.tellez@ecopetrol.com.co
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SOURCE Ecopetrol S.A.