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Article: Ecopetrol Will Be the New Operator of OCENSA.
- Article from:
- Energy Weekly News
- Article date:
- June 5, 2009
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As of 20 May 2009, Ecopetrol S.A. will be responsible for the operation and management of Oleoducto Central S.A. (Ocensa), the main pipeline of Colombia that connects Cusiana and Cupiagua fields in the Eastern Plains region with the port of Covenas on the Caribbean Sea, by means of an operating contract entered into between Ecopetrol and Ocensa, for a 15-year term.
The above decision follows the agreement announced by ECOPETROL in March 2009 to acquire Enbridge's share in Ocensa, which increased Ecopetrol's holding from 35.5% to 60%.
Since its start-up in March 1995, Ocensa's operation was managed by Enbridge Inc., through its subsidiary Cit Colombiana ...