Oleoducto Bicentenario Oil Pipeline

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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

  • -

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