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PDVSA will begin exporting gas to Colombia from December 1

Staff Writer | October 1, 2016
PDVSA will begin exporting natural gas to Colombia starting the first of December, the head of the company's gas unit Anton Castillo, said.
PDVSA
Energy   Ending a domestic gas shortage
Petromil plans to take exports of 50 MMcf/d from the Perla offshore natural gas field.
These will be Venezuela's first-ever gas exports by pipeline. Castillo signed a contract with general manager of Colombia-based Petromil Gas Carlos Henao, Platts reports.

Petromil plans to take exports of 50 MMcf/d from the Perla offshore natural gas field in the Gulf of Venezuela's Cardon IV block, which is operated by Italy's Eni and Spain's Repsol.

Castillo said the Cardon IV block "currently manages production of 510 MMcf/d, with plans to produce 950 MMcf/d by 2018."

Castillo did not provide details on the construction of infrastructure necessary to transport the gas from Paraguana to the Antonio Ricauter pipeline in western Zulia state nor did he give the dollar value of the contract with Petromil.

Venezuela sees Perla as ending a domestic gas shortage that has been particularly acute since May 2014 when Colombia's Ecopetrol ended export shipments started in 2007 which averaged 200 MMcf/d.


 

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