Free Trial

Colombia’s Trasadino Pipeline to Remain Offline Until December 2024: Ecopetrol

OIL

Colombia’s Trasadino pipeline is forecast to remain offline until December, Ecopetrol’s CEO said, cited by Reuters via Pipeline & Gas Journal.

  • Thousands of barrels of oil are stolen daily in Colombia. The crude is taken to clandestine refineries where it is converted into bootleg fuel.
  • The pipeline is expected to remain shut to combat the theft. Up to 20% of oil pumped via Trasadino – around 3k b/d – was being stolen, Reuters said.
  • The 305km pipeline transports oil from Orito in the Putumayo Department bordering Ecuador, to the Pacific port of Tumaco.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.