|
|
|
|
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 | Ecuador (Click here for more)

Ecuador Oil Infrastructure Projects Attract Colombian Interest

QUITO – Several Colombian companies are interested in investing in oil infrastructure projects in Ecuador, private pipeline operator OCP Ecuador said Wednesday.

Those Colombian firms may invest up to $150 million in a 29-kilometer (18-mile) conduit that would link up with OCP Ecuador’s OCP pipeline, the Andean nation’s largest, Guillermo Freire, manager of the company’s crude transport division, told reporters.

That bi-national conduit would be used to transport heavy crude from southern Colombia and connect with the OCP, a 485-kilometer (301-mile) pipeline with four pump stations that carries crude from Ecuador’s Amazon region to the Pacific coast, Freire said.

He did not indicate which companies have expressed their interest in the projects to the Ecuadorian government.

“Our expectations are that it will come to fruition (an agreement for the construction of the pipeline will be signed) sometime next year,” he said, adding that the difficult part will be securing the environmental license.

The OCP, which traverses four Ecuadorian provinces and, according to Freire, has the capacity to transport 52,000 barrels per day from Colombia, currently carries 4,000 bpd of crude from that neighboring country under an agreement signed with the Colombian firm Vetra.

The OCP transported around 135,000 barrels per day on average in 2013 and that total is expected to rise to an average of 165,000 bpd by the end of 2014 due to increased production, according to Freire, who noted that the pipeline has a 450,000-bpd capacity.

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:



 

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 - 2005-2015 © All rights reserved