Colombia to explore new options for oil pipeline from Venezuela to the Pacific
Colombia to explore new options for oil pipeline from Venezuela to the Pacific
Mar 11, 2014 posted by Andrew Wight
Colombia has dusted off plans to build their side of an oil pipeline connecting oil fields in Venezuela and the Pacific Ocean, Venezuelan El Universal newspaper reported on Monday.
The Colombian Vice-Minister of Energy, Orlando Cabrales, said Colombia was aiming to open new dialogue with Venezuelan state oil company PDVSA, but it looks likely that the Colombian side of the pipeline will be built using another partner.
Long time coming
In 2011, the foreign ministers of Colombia and Venezuela agreed to create a joint venture company to create an oil pipeline from the Orinoco River in Venezuela to the port of Tumaco on Colombia’s Pacific coast.
The Venezuelan Foreign Minister at the time, Nicolas Maduro said the oil pipeline would go from the Venezuelan state of Bolivar in the east of the country, to Tumaco, in the southwest Colombian department of Nariño and will be 1,864 miles long.
More:
http://colombiareports.co/colombia-dusts-venezuelan-pipeline/