- Colombia's Bicentenario crude oil pipeline has been shut down after being damaged in a bombing by leftist rebels, the latest of regular explosions carried out by guerrillas on the country's oil infrastructure.
- The consortium that owns the pipeline, led by state-run Ecopetrol (NYSE:EC) and Pacific Rubiales (OTCPK:PEGFF), does not know when the pipeline could reopen, although repairs to frequent attacks on Colombia's oil pipelines usually take place within a few days once the zone is secured.
- Colombia is Latin America's fourth biggest oil producer with output of nearly 1M bbl/day, but the country has been hit by 67 attacks in H1 of the year following a total of 259 in 2013.
From other sites
at CNBC.com (Sep 29, 2014)
at CNBC.com (Aug 20, 2014)
at CNBC.com (Aug 1, 2014)
at CNBC.com (Apr 10, 2014)
at CNBC.com (Apr 7, 2014)
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