UPDATE 2-Colombia says rebels bomb oil pipeline
May 2nd, 2008 | by admin |(Adds background)
BOGOTA, May 2 (Reuters) - Colombia’s Cano Limon-Covenas oilpipeline has been paralyzed since a Tuesday night rebel bombattack, state petroleum company Ecopetrol said on Friday.
The pipeline, which has a capacity to carry 225,000 barrelsper day, was transporting an average of 93,000 bpd from Araucaprovince to the Caribbean coast.
Occidental Petroleum (OXY.N: Quote, Profile, Research) shares output with Ecopetrolat the Cano Limon oil fields.
Pipeline bombings and other violence related to Colombia’sfour-decade-old war have declined under President AlvaroUribe’s U.S.-backed crackdown on the guerrillas.
The Tuesday night attack happened only hours after U.S.Ambassador William Brownfield visited Arauca to emphasize howsecurity in the area had improved, due in part to billions ofdollars in U.S. aid. (Reporting by Luis Jaime Acosta, writing by Hugh Bronstein;Editing by Walter Bagley)
