Energy and gas rates could rise with the tax reform

This Tuesday, the national government presented the final document of the paper that will enter the Tax Reform Congress. Among the points raised by this, it indicates that there is a 5% surcharge on income tax for the production of natural gas. This, according to Luz Stella Murgas, president of Naturgaswill mean an increase in public energy and natural gas services.

(Inflation in Colombia: energy prices rose again).

“This has several implications. The first is the increase in the monthly rate for home public service, which 36 million Colombians now have. This would also impact small businesses and transportation that chose to use natural gas,” The union leader pointed out.

Another of the impacts that he pointed out that this reform could have is that the use of coal be encouraged, as it is an energy source that can be more competitive.

(Self-sufficiency and price of transport, the challenges of gas).

For this reason, he pointed out that the government should reconsider this position. In addition, he called for the path of exploration to continue so that the country can guarantee energy security and also produce gas for fertilizers.

Although the country has proven and probable reserves for 11.4 years, Luz Stella Murgas explained that studies by the National Hydrocarbons Agency show that the country could have in its territory resources that would be 100 years of reserves, for which the expert pointed out that the exploratory activity should continue.

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