Trans-Caribbean pipeline

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Trans-Caribbean gas pipeline
Petróleos de Venezuela S.A.
Commissioned2007
Technical information
Length224.4 km (139.4 mi)
Maximum discharge5 billion cubic meters per year

The Trans-Caribbean gas pipeline (also known as the Antonio Ricaurte Gas Pipeline) is a natural gas pipeline between Venezuela and Colombia with proposed extension to Panama and probably to Nicaragua.

History

The construction started on 8 July 2006 with presence of presidents

Petróleos de Venezuela S.A.(PdV) announced that it would not renew the contract to import gas from Colombia, letting the contract expire on 30 June. As a result, the current pipeline is not in use. [5]

Description

The first stage of the pipeline is 224.4 kilometres (139.4 mi) long and it runs from

Petróleos de Venezuela S.A. for injection in its oil reservoirs to boost oil production. Natural gas is supplied by Ecopetrol and Chevron Corporation.[1][6]

The construction of the first stage cost US$467 million.[1] Its maximum capacity is 5 billion cubic meters of natural gas per year.[7]

Operator

The operator of the pipeline is Petróleos de Venezuela.[1]

The original plan of the pipeline was for Colombia to pump gas to Venezuela until 2011, when the direction of the pipeline would be reversed, allowing Venezuela to export gas to Colombia.[8] The reversal of the pipeline was delayed by PdV multiple times, with the most recent date as December 2016. The plan to reverse the pipeline never occurred due to PdV's financial troubles.[9]

See also

References

  1. ^ a b c d "Colombia gas-links with Venezuela and joins Bank of the South". MercoPress. 12 October 2007. Retrieved 26 July 2009.
  2. ^ "Ecopetrol and Chevron reduce gas exports to Venezuela". Colombia News | Colombia Reports. 6 November 2009. Retrieved 9 October 2017.
  3. ^ "Attack on pipeline cuts off Colombia gas exports to Venezuela". Reuters. 9 September 2013. Retrieved 9 October 2017.
  4. ^ "News Story - Argus Media". www.argusmedia.com. Retrieved 9 October 2017.
  5. ^ "Venezuela's PDVSA says halting Colombia gas imports". Reuters. 21 June 2015. Retrieved 9 October 2017.
  6. ^ a b "Construction starts on Colombia-Venezuela natural gas pipeline". EFE. 8 July 2006. Archived from the original on 28 September 2007. Retrieved 3 July 2007.
  7. ^ "DownstreamToday.com - News and Information for the Downstream Oil and…". Downstream Today. 12 June 2009. Archived from the original on 21 January 2013. Retrieved 26 July 2009.
  8. ^ "Colombia gas-links with Venezuela and joins Bank of the South". MercoPress. 12 October 2007. Retrieved 26 July 2009.
  9. ^ "News - Argus Media". www.argusmedia.com. Retrieved 9 October 2017.