Colombian oil pipeline blown up by rebel attacks

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Pastor Dale Morgan

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Jun 23, 2008, 2:02:52 AM6/23/08
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*Perilous Times*

*Colombian oil pipeline blown up by rebel attacks*

23 Jun 2008 00:46:17 GMT
Source: Reuters


BOGOTA, June 22 (Reuters) - Colombia's Cano Limon-Covenas oil pipeline
has been closed by rebel bomb attacks carried out on Saturday and
Sunday, a source at state petroleum company Ecopetrol told Reuters.

"The pipeline has been paralyzed by the two attacks," said the source,
who asked not to be named.

The pipeline, which has capacity to carry 225,000 barrels per day, was
transporting an average of 96,000 bpd from Arauca province to the
Caribbean coast.

Occidental Petroleum <OXY.N> shares output with Ecopetrol at the Cano
Limon oil fields.

The pipeline was shut down for several days by another guerrilla bomb in
May. But such attacks and other violence related to Colombia's war have
declined under President Alvaro Uribe's U.S.-backed crackdown on the
rebels, who are fighting a four-decade-old Marxist insurgency.
(Reporting by Luis Jaime Acosta, writing by Hugh Bronstein)

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