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Ecopetrol Informs About a Sanction Imposed by CORMACARENA

BOGOTÁ, Colombia, Dec. 17, 2021 /PRNewswire/ — Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC), informs that the Sustainable Development Corporation of the Macarena Special Management Area CORMACARENA, through Resolution No. PS-GJ. of 2021, imposed a fine of twenty monthly minimum wages to the Company due to the contamination of Caño Cacayal, caused by the discharge of wastewater from Station I of Campo Castilla. In the opinion of the authority, the discharge parameters allowed by environmental regulations might have been breached.

Although the sanction is a final decision within the administrative sanctioning process, it was issued outside the term that CORMACARENA had to exercise its sanctioning faculty, therefore Ecopetrol, although respects and accepts CORMACARENA’s decisions and reiterates its commitment to comply with current legal environmental regulations, will file legal actions within the corresponding legal opportunity.

Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 17,000 employees. In Colombia, it is responsible …

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