Canada’s Pacific Rubiales Plans Oil Pipeline In Colombia
Canada-based Pacific Rubiales plans to build an oil pipeline in Colombia with an initial capacity of 60,000 bpd. The 145-mile pipeline will carry crude from fields the company jointly operates with Colombian state oil company Ecopetrol in Rubiales, in the central province of Meta, to a pumping station in Monterrey, a municipality in the eastern province of Casnare.
The $530 million pipeline is part of Pacific Rubiales’ $1.6 billion investment plan in Colombia from 2008-2012.
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