|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Colombia (Click here for more)

Colombia’s Ecopetrol to Export 1st-Ever Cargo of Crude to Japan in August

BOGOTA – Colombian state oil company Ecopetrol said it will export 2 million barrels of crude to Japan in August, its first-ever oil shipment to the Asian country.

The crude “will arrive in October at the Port of Kiire” in southern Japan, the company said in a statement.

Ecopetrol said it will ship the first cargo after Tokyo-based JX Nippon Oil & Energy Co. agreed to buy 2 million barrels of heavy Castilla crude to supply its seven-plant refinery system, which has a daily processing capacity of 1.25 million barrels.

“The shipment will leave the port of Coveñas (in the Caribbean province of Sucre) in the second half of August and should arrive approximately 45 days later,” Ecopetrol said Thursday.

JX Nippon, a unit of JX Holdings, refines and markets petroleum and petrochemical products, imports and sells gas and coal, supplies electricity and develops, manufactures and markets fuel cell, solar power generation and storage batteries.

The deal with JX Nippon comes on the heels of an agreement reached last month with South Korea’s Hyundai Oilbank, which purchased 1 million barrels of Castilla crude from Ecopetrol.

Ecopetrol, Colombia’s largest corporation, is one of the world’s 50 largest oil companies and among the four biggest in Latin America.

In addition to Colombia, where it accounts for more than 60 percent of domestic crude output, Ecopetrol has operations in Brazil, Peru and the United States.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2020 © All rights reserved