Colombia, Venezuela working towards bilateral agreement for oil and gas

Posted on March 29, 2012 • Filed under: Business, Colombia, Oil, Politics, Venezuela

The oil minister of Venezuela, Rafael Ramirez, Minister of Mines and Colombian Mauricio Cardenas, announced significant progress in terms of the bilateral agreement on oil and gas. The first point has to do with the end of this year, the two countries must list the conceptual engineering of the pipeline project bilaterally, Pacific will have a transport capacity of 600,000 barrels per day, distributed in equal shares for each country. Read Article

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