Commercial strategy for a competitive market

Coming years will not be easy for the world oil market. Colombia knows this and is preparing to face a surplus of light crude when large volumes of Cusiana production are available for export, particularly in 1998 and 1999. Ecopetrol considers this out look will give rise to a very competitive setting for Cusiana crude. It advises committing this crude as of now with an important refining group for whom petroleum is essential for their refinery diet. On the foreign scene, Ecopetrol's commercial policy is to sell petroleum by-products, as well as import shortfalls in motor fuel. Domestic policy is directed at making the natural gas market a reality