Venezuela and Colombia discuss pipeline and border security

Jul 15, 2004 02:00 AM

Plans to build a $ 200 mm natural gas pipeline from Venezuela to Colombia topped the agenda at a presidential summit at a petrochemical complex. Venezuela's Hugo Chavez and Colombia's Alvaro Uribe also were discussing security along the 2,200 km (1,400-mile) border, gasoline smuggling, and trade in their first bilateral meeting this year.
The setting was El Tablazo, a petrochemical complex on the eastern coast of Venezuela's oil-rich Lake Maracaibo some 500 km (300 miles) west of Caracas. Amid tight security, Uribe and Chavez began talks at the plant after a brief tour of parts of the oil region by helicopter.

Venezuela, the world's fifth-largest oil exporter, has recently stepped up its petroleum diplomacy, announcing plans for a South American oil cooperative and a new company to deliver Venezuelan oil to Caribbean nations.
Initially, Colombia will use the pipeline to send gas from its north-eastern La Guajira region to western Venezuela, said Venezuelan Energy Minister Rafael Ramirez.Eventually, Venezuela will send gas to Colombia, and the pipeline will form part of a network delivering gas to Central America and Mexico, Ramirez said.

Other topics included building a bridge connecting Venezuela's Tachira state with Colombia's Norte de Santander department; sharing electricity; a contingency plan for oil spills in the Gulf of Maracaibo; and growing numbers of refugees fleeing Colombia's civil war.
Colombian Foreign Minister Carolina Barco said that the presidents' opposing views on a proposed hemispheric trade pact won't affect bilateral ties. An advocate of regional integration, Chavez urged Colombia and other Andean nations to oppose the Free Trade Area of the Americas, calling it "an imperial proposal that seeks to dominate us for 100 years."

Uribe, along with the leaders of Ecuador and Peru, are negotiating trade pacts with the United States. Chavez and Uribe also were addressing rampant smuggling of cheap Venezuelan gasoline into Colombia.
Ramirez told that Venezuela would propose selling gasoline directly to Colombia's state oil company Ecopetrol, or another firm selected by Colombia, to guarantee prices and eliminate black market smuggling.

Source: Associated Press
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« September 2016 »
September
MoTuWeThFrSaSu
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30

Register to announce Your Event

View All Events