EP Petroecuador signed a contract with Ecopetrol for the transportation of Colombian crude oil through Ecuadorian pipelines

This Petroecuador release was published using machine translation.

This May 2, 2024, EP Petroecuador, through the Transportation Management, signed a contract with Ecopetrol SA for the provision of crude oil transportation service through the San Miguel – Lago Agrio (OSLA) and Transecuatoriano (SOTE) pipelines. ).

This contract will be valid for three years. It will allow an initial average of 13,250 barrels of Colombian crude oil to be pumped through the Ecuadorian pipelines, operated by the public oil company, with an assigned capacity of up to 22,000 barrels per day, by charging an approximate rate of USD 3.0455 per barrel, for the benefit of the Ecuadorian State.

The density of the crude oil will be between 25 and 28 degrees API and will have the respective controls for measuring quality and quantity at the entry and exit points of the pipelines.

The contract establishes the delivery of oil by Ecopetrol, at the river crossing of the San Miguel River (border with Colombia), in the General Farfán sector, province of Sucumbíos, to be subsequently transported by EP Petroecuador to the maritime terminal in Esmeraldas. .

Through these actions, joint work between both countries is strengthened, based on the binational agreements in force to promote and facilitate the transportation and export of hydrocarbons.

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EP Petroecuador operates the San Miguel – Lago Agrio Pipeline, known as OSLA, which extends from San Miguel on the border between Ecuador and Colombia, to Station No. 1 Lago Agrio of the Trans-Ecuadorian Pipeline System (SOTE), in the province of Succumb.

In addition, the public company currently maintains contracts for the transportation of crude oil from southern Colombia through the OSLA with several oil producing companies that operate in the south of that country.