The exploitation of the Caño Limón-Coveñas pipeline is reactivated



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Redacción Economía

The pumping through this oil corridor began to be suspended in January this year due to constant attacks against the infrastructure. The reactivation was reported for the first time by Reuters

The pipeline that transports oil from the Caño Limón field (Arauca) is 770 kilometers long and crosses five departments. Archivo – El Espectador

Tuesday, the resumption of exploitation of the pipeline Caño Limón-Coveñas, suspended 180 days ago, according to a Reuters report, has took place on Tuesday.

The pipeline was the victim of several attacks by the ELN.

See also: The pipeline Caño Limón-Coveñas suffered 1500 attacks

In total, this year the pipeline, 773 kilometers long, has suffered 58 attacks, which were attributed mainly to the guerrillas of ELN

The pipeline is operated by the Western company, which operates fields in the department of Arauca which, since its discovery in 1983, have produced more than 1 400

This discovery, according to the company, was the cornerstone of Colombia to become an oil exporter, instead of just being an oil importer.

The pipeline has a daily carrying capacity of 200,000 barrels. The pumping suspension began on January 10 of this year.

It is one of the key points of oil infrastructure in Colombia and, also, one of the hardest hit by violence and sabotage. Since 1986, the tube has been out of service the equivalent of 10 years, for attacks. Between 1986 and 2017, 3.7 million barrels were counted

Read also: Oil, beneficiary of the truce with the ELN

Just last year, this pipeline withstood more 60 attacks. In an Ecopetrol report, it is stated that "the product of the attacks was out of service for 186 days, nearly six months, which meant that the country stopped producing 1.6 million barrels. It is considered that the barrel of oil in 2017 was 54 US dollars, the value of deferred production is 260 billion dollars.It is what is worth the production that could not be extracted. because of the attacks. "

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