Colombia opposition proposes 8% Ecopetrol stake sale, valued at $9.71T COP
Published 1 d ago1 sourceEvidence: Reported
Colombia's main oil union USO opposes a government proposal to sell part of state-owned Ecopetrol to address the fiscal crisis, citing the company's $180 trillion contribution to the nation over four years. The union plans to mobilize workers in defense of the company, escalating political friction over fiscal policy. The outcome is uncertain, but the move signals resistance to privatization and potential pressure on Ecopetrol's valuation and energy policy.
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