• 4 minutes Phase One trade deal, for China it is all about technology war
  • 7 minutes IRAN / USA
  • 11 minutes Shale Oil Fiasco
  • 16 minutes Swedes Think Climate Policy Worst Waste of Taxpayers' Money in 2019
  • 11 hours Indonesia Stands Up to China. Will Japan Help?
  • 4 hours Which emissions are worse?: Cows vs. Keystone Pipeline
  • 13 hours We're freezing! Isn't it great? The carbon tax must be working!
  • 14 hours Trump capitulated
  • 5 hours Thanks to Trump, the Iranian Mullahs Are Going Bankrupt
  • 18 hours Three oil pipeline projects inch toward goal-line for Canada
  • 22 hours The Libyan Oil in a Sea of Chaos, War and Disruptions
  • 2 days Trump has changed into a World Leader
  • 16 hours Yet another Petroteq debt for equity deal
  • 12 hours US Shale: Technology
  • 8 hours Prototype Haliade X 12MW turbine starts operating in Rotterdam
  • 1 day OIL & GAS LOSSES! Schlumberger Posts $10B Loss in 2019
  • 13 hours Gravity is a scam!
  • 2 days Iranian government can do everything to avoid attacking American people.
The Cannabis Industry’s Dirty Energy Secret

The Cannabis Industry’s Dirty Energy Secret

The business of growing cannabis…

Colombian Pipeline Bombed For The 78th Time This Year

Cano Limon Covenas

Colombia’s Cano Limon crude oil pipeline that can transport 210,000 bpd of crude has been bombed again, for the 78th time since the start of this year, Ecopetrol, the state oil company, said, as quoted by Reuters. Previous attacks have been blamed by the Colombian army on a rebel group, the national Liberation Army, or ELN, which is considered a terrorist group by the European Union and the United States.

The pipeline was not operational at the time of the attack, which is the second in as many months. In September, Reuters reported that the pipeline was bombed again in the same region, close to the border with Venezuela. At the time, the pipeline was shut down so the attack did not cause a lot of damage. In fact, the pipeline was shut down six months earlier precisely because of the repeated attacks.

The Cano Limon pipeline carries crude from the same-name field, which is operated by Occidental Petroleum. The ELN, a Marxist organization, bombs oil infrastructure in protest of the presence of multinational companies in Colombia’s natural resources industry claiming it robs the locals of the benefits this sector offers.

Last month, another pipeline, this one operated by Canadian Grand Tierra Energy, was bombed in Colombia, according to army sources who spoke to Reuters. The pipeline carries crude from Gran Tierra’s Costayaco field. This time, the perpetrators might have been members of the disbanded Revolutionary Armed Forces of Colombia, or FARC, which laid their arms down two years ago after it reached an agreement with the government. Some members of the group, however, refused to accept the terms of the agreement and remained active.

Last year, Colombia produced an average of a little over 850,000 bpd of crude. Reserves are estimated at 1.782 billion barrels, but a recent study from the Colombian Petroleum Association estimated the development of unconventional oil reserves in the country could generate an additional US$500 million annually.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage


Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News