In Meta a tribunal laments the lack of action or interest on road issues from the national government while logistics firm Impala has taken a new, more aggressive strategy to ensuring that transportation contractors comply with routes and regulations. These and other stories involving Colombia’s contested roadways.
The Oleoducto de los Llanos Orientales (ODL) pipeline was conceived in 2007, predating the success of the Rubiales field, and today it is one of the few pipeline projects that is exceeding expectations, cashing in on production in Meta.
Multiple projects for new hydrocarbons ports are planned for Cartagena and Buenaventura. The Buenaventura projects are additional to the plans that the Pacific Pipeline has for connecting the Llanos to Asia Pacific markets.
President Juan Manuel Santos, in the heat of his contested re-election promised to restrict the flow tanker trucks on the roads of Huila, promising to ship oil via Ecuador, banning the tankers presence on Sundays and holidays after residents expressed their complaints.
The Empresa Energía de Bogotá (EEB) has bought a 7.78% stake in the Pacific Pipeline through subsidiary, Transportadora de Gas Internacional (TGI), after EEB paid US$880M to take its control of TGI from 68.05% to 99.97%.
The delay-plagued modernization and expansion project at the Cartagena Refinery (Reficar) should be finished in December of this year, with an operational start for the 16 new refining units in the second quarter of 2015.
The TransAndino pipeline has a capacity of 47mbd per day and so should be able to handle about 87% of Putumayo’s current production. But the inability to protect the pipeline and the opening of export routes through Ecuador could leave it underutilized.
Ecopetrol (NYSE:EC) held workshops and drills with municipalities, civil defense authorities, firefighters and health officials to implement and certify its contingency plan along the security-challenged Coveñas/Caño Limón Pipeline.
A group of municipal and congressional authorities, along with members of the business community, journalists and even a bishop toured the Magdalena River multi-port facility which promises to use Colombia’s largest river as a new transportation option for hydrocarbons. It is set to be up and working in the middle of 2015.
On May 17th the General Royalty System (SGR) officially marked its second anniversary, and a look at the results over the last two years shows highway projects have received the most funding, while regionally the Caribbean coast has benefited the most.
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