RE:Wow turn on cnbc Frank, have you been following the acute drought in Colombia and Equador? Bogot may run out of water by March 2025. Petro wondered publicly how to deploy the military to relocate 8 million Bogota residents.
Gonna affect electricity supply since something like 80% of Colombia's power comes from hydroelectric with reservoirs dropping rapidly. Colombia has stopped electricity sales to Equador which is now under a strict electricity rationing regime with rolling blackouts of 10 hours in duracion.
Petro now acknowledges that Colombia will need nat gas fired generators if it doesn't rain soon. Problem is that Colombia needs to import LNG.
I don't know how this affects fec's operations, if at all.