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Selling expenses (Tables)
12 Months Ended
Dec. 31, 2023
Selling expenses  
Schedule of Selling Expenses

Amounts in US$ ‘000

   

2023

   

2022

   

2021

Staff costs (Note 11)

466

410

318

Shared-based payment (Note 11)

17

Transportation (a)

9,022

4,881

4,233

Selling taxes and other

3,579

2,704

4,179

13,084

7,995

8,730

(a)The rise in transportation costs in 2023 is mainly attributed to deliveries at different sales points in the CPO-5 Block in Colombia. Sales at the wellhead incur no selling costs but yield lower revenue, while transportation expenses for sales to alternative delivery points are recognized as selling expenses.