Bicentenario Pipeline Project
Summary Information
- Source: Casanare
- Destination: Covenas
- Ownership:
- Ecopetrol S.A. - 275,977.3 - 55.00
- Pacific OBC - 164,989 - 32.88
- Petrominerales Colombia Ltd. - 48,427 - 9.65
- Hocol S.A. - 4,857 - 0.96
- Rancho Hermoso S.A.- Canacol Energy Ltd. - 2,509 - 0.50
- C&C Energía - 2,509 - 0.50
- Vetra Exploracion & Produccion Colombia S.A.S. - 2,509 - 0.50
- Website: http://www.ecopetrol.com.co/
- Length: 960 kilometres ( miles)
- Capacity: 450,000 barrels of oil per day
- Crude Type:
Brief Description
- The Sociedad Oleoducto Bicentenario de Colombia S.A.S. has as its objective to build and operate a private-use oil pipeline between Casanare and Covenas that will be 960 kilometers long and have a final capacity of 450,000 barrels per day.
- The pipeline will be the largest of its kind in Colombia and developed in four phases.
- Phase 1 of the project - Araguaney to Banadia
- Phase 2 of the project - Banadía to Ayacucho
- Phase 3 of the project - Ayacucho to Coveñas
Pipeline Status
- Under construction
History
- 2010 - Shareholders agreement was signed
- 2012 - The partners announced a US$1.2 billion debt facility for phase 1
- 2012 - Ecopetrol transferred its pipelines stakes to a new company Cenit
Other Information
- -
Links
- Pipeline Page, Canacol
- The Oleoducto Bicentenario Pipeline has Partners
- ECOPETROL, Pacific Rubiales And Petrominerales Announce Closing Of COP$ 2.1 Billion Debt Facility For The Araguaney To Banadia Pipeline (Oleoducto Bicentenario Phase 1)
- Ecopetrol creates a subsidiary specialized in hydrocarbon transport and logistics
page revision: 3, last edited: 18 Jun 2012 05:56