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Friday, May 19, 2006

Rebel attack downs key Colombia oil pipeline: ( Occidental Petroleum)


BOGOTA, Colombia (Reuters) - Left-wing guerrillas have bombed Colombia's Cano Limon-Covenas oil pipeline and halted its crude pumping operations in an attack just a days before presidential elections, the army said on Friday.

The pipeline, the country's second most important, transports crude oil from Cano Limon fields operated by U.S. company Occidental Petroleum in Arauca province on the Venezuelan border to Covenas port on the Caribbean coast.

The pipeline pumps around 95,000 barrels per day, with 62,000 bpd coming from Cano Limon fields in February this year, according to government figures.

Left-wing guerrillas fighting a four-decade insurgency in Colombia blew up part of the pipeline with explosives on Tuesday, an army official said.


Occidental officials did not immediately return calls seeking comment on the attack.

Colombia's state oil company, Ecopetrol, shares output from the oil field production with Occidental and Repsol

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Ecuador just handed Occidental a blow also this week.

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