ONLINE EVENT: Price War Meets Pandemic – Energy’s Perfect Storm in Latin America

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COVID-19 AND LATIN AMERICA EVENT SERIES

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World energy markets have been upended in recent weeks by a historic collision of factors. Just as the Covid-19 pandemic takes hold and economic activity grinds to a halt across the globe, an oil price war following the failure by Saudi Arabia and Russia to agree on supply cuts are contributing to an oversupplied market. These twin forces have driven oil prices to lows not seen since 2003, with potentially dire implications for oil-exporting Latin American economies, several of which rely on oil revenues for substantial shares of their budget. Meanwhile, sustained low oil prices could damage the competitiveness of renewable energy projects, which may also find financing increasingly difficult to obtain as investors flee emerging markets to safe haven assets. Many energy projects are seeking to declare force majeure as supply chains, labor forces, regulatory processes, and financing are disrupted.

Join us for a webinar that will explore what may lie ahead for Latin America’s energy sector during this turbulent period and beyond.

Follow this event on Twitter at #DialogueEnergy and @The_Dialogue. Submit questions via the “Chat” function in Zoom during the event or by emailing meetings@thedialogue.org.

SPEAKERS

MAURICIO CÁRDENAS

Visiting Senior Research Scholar, Columbia SIPA Center on Global Energy Policy; Former Minister of Mines and Energy of Colombia (@MauricioCard)

José Zapata

Partner, Holland & Knight Colombia

Camila Ramos

Founder and Managing Director, CELA – Clean Energy Latin America

MODERATOR

LISA VISCIDI

Program Director, Energy, Climate Change & Extractive Industries, Inter-American Dialogue (@lviscidi)

 

EVENT partneRs

       
 

Energy & Resources Committee


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