Saudi Arabia - joining the dots

A series of blog entries exploring Saudi Arabia's role in the oil markets with a brief look at the history of the royal family and politics that dictate and influence the Kingdom's oil policy

Showing posts with label Sabanas. Show all posts
Showing posts with label Sabanas. Show all posts

Monday, 4 December 2017

Canacol: Sabanas export flowline comes online

Canacol has announced that the Sabanas gas flowline is now connected. It is in the final stage of testing and gas transportation is scheduled to commence on 5th December. The flowline has a capacity of 40mmcf/d which is expected to be reached in mid-January following completion of a second compression station - initial gas throughout is expected to be 20mmcfd. Gas will be routed from the Jobo processing facility to the Promigas export line at...

Thursday, 10 August 2017

Canacol on track with Sabanas pipeline

Canacol has signed an agreement for the construction, operation and ownership of the Sabanas flowline. The 82km pipeline will connect the gas processing plant at Jobo to the Promigas trunkline at Bremen. Source: Canacol June 2017 investor presentation The USD41 million pipeline will be funded by: USD30.5 million from a group of private investors USD10.5 million from Canacol Canacol’s contribution has been almost entirely satisfied by costs...