Colombia Natural Resources

Colombia is known to possess a rich store of natural resources ranging from minerals to energy resources, agricultural products to fuels. Colombia natural resources are mainly centered around the Llanos Basin, situated in the foothills of Eastern Cordilla.

Colombia accounts for a large output of minerals and fuel oil. Talking about the natural resources at Colombia, it can be said that Colombia has the highest reserve of coal in Latin America. Colombia ranks first in its store of coal. The total output of coal obtained from Colombia is 7.4 metric tonnes.

Besides, Colombia ranks fourth for natural gas and sixth for oil in Latin America. Colombia contains about 114.4 billion cubic meters of natural gas.
Furthermore, it is estimated that the territory contains about 1.4 billion barrels of oil that would at least prevent Colombia from being a net oil importer. Colombia has enough store of oil that would last till 2010-2011.

In terms of energy, Colombia is the second producer of hydro-electricity. Brazil is known to occupy the first position in hydro-electrical potential. Colombia has a rich reserve of natural gas along the Caribbean Coast. Colombia is estimated to possess a vast reserve of natural gas in the Caribbean Coast to last at least for the next 150 or 200 years. The Llanos basin, posited in the foothills of Eastern Cordilla, possesses the largest store of natural gas in Colombia.

Thus, it is evident that the natural resources of Colombia presents a wide variety. It can be said in this context that Colombia natural resources play a great role in the socio-economic development of Colombia. Japan Natural Resources Map