‘My departure from Ecopetrol has nothing to do with not exploring’: Bayón

This Friday, ecopetrol inaugurated its third solar park with the participation of Felipe Bayon, President of the company. “In life the important thing is the institutions, not the people”said the manager after knowing his departure from the oil company, on March 31.

(Ecopetrol: this would have accelerated the departure of Felipe Bayón).

In his first statements after this decision, Bayón pointed out that his departure was a joint decision, in which it was taken into account that he was in the Shareholders’ Meeting and that he could deliver the results of 2022, which are expected to be record.

“This is a milestone, so that all our shareholders have the opportunity to understand the results”, explained. He added that he leaves with the satisfaction of having fulfilled his duty.

(Ecopetrol share falls after announcement of the removal of its president).

He also stated that the company must continue accelerating the energy transition but giving Colombians the fuels they require, “and that the country does not lose energy sovereignty.”

He highlighted as some of his achievements having overcome the pandemic, the acquisition of ISA, internationalization (as in the Permian producing unconventional) and the gas discoveries in the offshore Caribbean.

(Felipe Bayón leaves Ecopetrol: he will leave the Presidency on March 31).

“People come and go. Wednesday marks 7 years at Ecopetrol and the dialogue with the board of directors has been respectful, saying precisely that the common goal is for the company to continue to be strengthened and be well”, Bayon Pardo added.

Regarding his exit process, he said that “We managed to have that conversation with the board of directors and reach an agreement point. Being up to March 31 allows me to be in charge of the shareholders’ meeting, so that 250,000 members, in addition to the Government, understand how the company fared”.

The executive also indicated that his departure has nothing to do with the Government’s announcements, in various forums, not to sign new oil exploration contracts (although this week the Minister of Mines and Energy, Irene Vélez, left the door open to a possible review of the decision in one year).

“For many months our technicians have been delivering information”accurate.

Regarding what he hopes will remain in his operation, he pointed out that the production of hydrocarbons is essential, because it represents the company’s cash, as well as maintaining and improving security, accelerating gas exploration and discoveries, and accelerating the agenda of transition.

BRIEFCASE