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Repairs have not been completed due to “continued harassment by firing helicopters” and “anti-personnel mines,” said Ecopetrol.

The prolonged shutdown has cost Colombia some 893,000 barrels of production, according to Ecopetrol.

Ecopetrol did not identify who attacked the pipeline, but a Reuters reports states that military sources believe ELN guerrillas were responsible.

Local and regional governments (LRGs) in Brazil and Colombia should face similar challenges from the decline in commodities prices and their importance to their economies, according to Fitch Ratings. LRGs in Colombia and Brazil suffer from high numbers of informal workers (those...

Ecopetrol’s Oleoducto (Pipeline) Caño Limón Coveñas has reached 30 years of operation, reported Ecopetrol this month. Over that time, the pipeline has transported 1.5 billion barrels of crude oil, contributing $148 billion pesos to the economies of the surrounding areas. Such...

Above: Contraband gasoline smuggled into Maicáo, Colombia from Venezuela. Photo Credit: Loren Moss MIAMI, Feb. 3, 2015, (PRNewswire) — The border between Colombia and Venezuela is home to some of the world’s richest oil and gas reserves. But it is also...