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-0.00136764888723113 -0.0023623026233992 -0.0023623026233992 -0.00484893696381948 -0.000124331717021076 -0.00037299515106305 -0.00783289817232388 -0.00733557130423975
Stock impact report

Colombia Ecopetrol has no date to restart long-halted Cano Limon pipeline [Reuters]

Ecopetrol S.A. American Depositary Shares (EC) 
Company Research Source: Reuters
Colombia Ecopetrol has no date to restart long-halted Cano Limon pipeline | Reuters 3 Min Read BOGOTA, June 20 (Reuters) - Colombia’s state-run oil company Ecopetrol has no estimate of when pumping will resume on the Cano Limon-Covenas pipeline, which has been halted for 161 days because of bomb attacks and oil theft, the company told Reuters. The 480-mile-long (773-km) pipeline, which has a capacity of up to 220,000 barrels per day, runs from the eastern border with Venezuela to the Caribbean. It has been offline since Jan. 10, the longest stoppage in its history. The pipeline has been attacked 53 times this year in bombings attributed by the military to the National Liberation Army (ELN) rebel group. Apart from bombing damage, 23 illegal valves used to steal crude have been found on the pipeline, the company said. “The restart of pumping will depend on the verification of reported damage and repairs,” Ecopetrol said in response to Reuters questions about the timeline for the re-open Show less Read more
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