By ANDREW WILLIS & JEREMY VAN LOON
Colombia's state-controlled oil producer Ecopetrol is in
talks with Enbridge to build an oil pipeline to the Pacific
There have been initial conversations with Enbridge
and other companies to look at the different alternatives to
build this pipeline, Ecopetrol spokesman Mauricio Tellez
said in a telephone interview. Its vital for all
the production thats increasing in the Llanos Orientales
to have an exit via the Pacific.
Colombia is seeking new markets in Asia as production
increases and the United States shale energy revolution
threatens to slow demand from North America.
Talks started several months ago and are being led by
Ecopetrols transport subsidiary Cenit, Tellez said.
Enbridge said its discussing the possibilities and
requirements for the pipeline with the Colombian government and
They are in very early stages, Graham White, an
Enbridge spokesman, said in an e-mailed response to questions.
There are no construction dates, formal proposals
China and India represent important growth
markets for Colombian oil exports as the United States becomes
more energy independent, Colombia Mines and Energy Minister
Amylkar Acosta said in a November 18 interview in his Bogota
office. The majority of Colombian oil is currently exported
through the Caribbean port of Covenas, according to
Theres a re-figuration of the international
energy market, Acosta said. From a security
perspective, Colombia cant keep relying on a single port
for oil exports.