• How many BPD is the Oleoducto de Colombia pipeline?
  • As of August 2019 the pipeline’s capacity was reported to be 236,000 bpd, and Oleoducto de Colombia’s president Natalia De la Calle said that the company was prepared to increase pipeline capacity if necessary to accommodate new supplies from proposed future fracking operations.
  • What is Oleoducto de Colombia?
  • This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor. Colombia Oil Pipeline, known locally as Oleoducto de Colombia or by its Spanish initials ODC, is an oil pipeline in Colombia.
  • Does Colombia rely on fossil fuels?
  • In these cases, however, most official members don’t heavily depend on fossil fuel extraction, says Yanguas-Parra. Conversely, Colombia is among the top coal producers globally and heavily dependent economically on fossil fuels: between 40 and 50% of its exports are coal and oil.
  • Is Colombia ready to ‘keep it in the ground’?
  • And economists and energy policy experts agree that, despite the lofty speeches, Colombia is currently far from ready to “keep it in the ground”. Like most nations, to move to a clean economy, the country needs to clean up its energy grid by switching to renewables and electrify industry, homes and transport.
  • How many oil rigs are there in Colombia?
  • The 29 operational rigs at the end of December 2022 are significantly less than the 74 rigs recorded in July 2011 at the peak of Colombia¡¯s last oil boom where the country¡¯s proven oil reserves grew 8% to a record of 2.445 billion barrels at the end of 2013.
  • Is Colombia a coal producer or a oil producer?
  • Conversely, Colombia is among the top coal producers globally and heavily dependent economically on fossil fuels: between 40 and 50% of its exports are coal and oil. Taxes from the sector and dividends from the partially state-owned oil Ecopetrol ¨C the largest company in the country ¨C account for about 9% of the central government’s income.