Colombia rebel bombing halts production for Cano Limon pipeline

1/23/2013

Colombia rebel bombing halts production for Cano Limon pipeline

BY DAN MOLINSKI 

BOGOTA -- Leftist rebels allegedly used dynamite to blow up a section of Colombia's second-longest oil pipeline, the Cano Limon, marking the third bombing of the pipeline since the year began.

An official at Colombia's national oil company, Ecopetrol (EC), which owns and operates the pipeline, said the attack occurred late Tuesday near the town of Saravena, across the border from Venezuela. The pipeline is used by California-based Occidental Petroleum Corp. (OXY) and Ecopetrol to send about 70,000 barrels a day from their Cano Limon field to a shipping port on the Atlantic coast.

The Ecopetrol official said the pipeline will remain closed until repairs can be completed.

The Cano Limon pipeline was also bombed Jan. 3 and 8. In those two cases, Colombia's armed forces blamed the attacks on the country's second-largest rebel group, the National Liberation Army, or ELN.

Leftist rebels have also been blamed for two bombings earlier this week of smaller oil pipelines in the south, and attacks on two oil tanker trucks in which the trucks were set ablaze.

Dow Jones Newswires

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