ANH Disburses US$123mn in March Royalties

Colombia's hydrocarbons regulator ANH has disbursed 244bn pesos (US$123mn) in March royalties to national and regional government agencies, ANH said in a statement.

Casanare received the most royalty funds with 49.5bn pesos, followed by development fund Fonpet and the national treasury, which both received 27.1bn pesos. Meta department received 25.5bn pesos.

ANH collected the money from oil and gas production royalties that must go to help finance projects in the areas of health, education and basic sanitation.

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