A local activist and former politician has insisted authorities apply measures to limit tanker-truckers on main highways in Villavicencio Meta, demonstrating the context and need for more agreements on roads between the industry, local authorities and the community in general, like the one signed last week in Casanare.
A new factory operated by a new Colombian company called Tayrona Steel Pipe will open in 2014 to supply the oil and gas sector with tubing produced in the Magdalena Department, near the Santa Marta port.
In order to finance road maintenance and improvements the Casanare secretary of public works and transport, Wilson Arenas, has proposed a toll system that would charge all oil tanker truckers using the public roadways.
Small diameter pipeline operator Raven held a socialization session with municipal leaders in Paz de Ariporo to detail the advances in the environmental permitting process of the Llanos Express Pipeline (OXL) and discuss points of interest with the community.
Colombia’s ministry of Mines and Energy (MinMinas) is preparing rules to deregulate transport rates for new oil pipelines in order to promote more construction in areas with new production.
Colombian Foreign Minister, María Ángela Holguín and her Venezuelan counterpart Elías Jaua signed a memorandum of understanding in the name of the NOC of each country, Ecopetrol (NYSE:EC) and PDVSA, to connect oil pipelines at the border.
The mayor’s office of Yopal has scheduled a meeting with 10 area village leaders to discuss roadway needs in areas close to oil production sites in the municipality.
In the last week three successive attacks week have shut down the Caño Limon-Coveñas painting a complicated picture for transport infrastructure in areas where the ELN and Farc operate, and have also stopped Colombian gas exports to Venezuela along a separate pipeline.
Past lowering diluent costs associated with moving heavy crude, Pacific Rubiales Energy (TSX:PRE) acquisition of Petrominerals (TSX:PMG) transportation infrastructure is also a strong point to this deal. The company will form a new subsidiary to manage infrastructure assets and sell a 40%.
Ecopetrol’s (NYSE:EC) oil transportation firm Cenit will increase its investment plan to US$1.4B in 2014 and its president Camilo Marulanda says that daily production in Colombia could reach 1,350,000bod by 2015.
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