Columbian gas

Chevron-Texaco will spend USD 150 million over the next three years to develop a natural gas field in northern Colombia and carry out further exploration in the area, officials said. The firm’s head of operations for Colombia, Peter Sommer, said extraction facilities and a pipeline would be constructed at the Catalina field, in La Guajira department, some 1.000 km. north of Bogota. Reserves there were estimated to be 3 trillion cubic feet (85.18 billion cubic meters) and would be exploited for 20 years, leaving open the possibility of building a pipeline to export gas that is surplus to Colombia’s needs to Panama or Venezuela. EFE

Looking for more projects or tenders?
Subscribe to our Project Preview Newsletter

Previous articleUS stainless imports up despite tariffs
Next articleErkkila at the helm of AvestaPolarit
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.