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Financial News: ECOPETROL: Cupiagua Gas Plant To Increase Output By

ECOPETROL: Cupiagua Gas Plant To Increase Output By 6,000 Boed

08/31/2017 - 15:55:00 (RTTNews)

(RTTNews) - The Colombian state-owned oil company Ecopetrol reported that it would launch next month the second stage of work in the Cupiagua gas plant, in southwestern Colombia.

The next phase will allow the company to increase its production by around 6,000 barrels of oil equivalent per day in fuels such as LPG, NGL (natural gas liquids) and C5 (pentane).

The Cupiagua gas plant started gas sales operations in December 2012. Currently, its capacity is at 210 million cubic feet per day.

The project would be completed by mid-2019, allowing sales to increase from around 40,000 barrels per day, estimated for 2017, to about 46,000 barrels per day. The investment exceeds US$ 127 million in the construction of processing units, loading areas, and storage system.

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