Llanos Orientales Pipeline (ODL)

=Route=

The 235 kilometre Llanos Orientales pipeline trasnports crude oil from the Rubiales Field and other fields in the north-east of the country to the Monterey Station, where it connects with the national petroleum infrastructure that transports the oil to Caribbean ports.

=Capacity=

In 2010 the pipeline was transporting 240,000 barrels per day (bpd) of crude, with a projected figure for 2011 of 340,000 bpd. It is 24 inches in diameter.

=Ownership=

The pipeline is jointly owned by Ecopetrol (65%) and Pacific Rubiales (35%), who together invested a total of $560 million dollars in the project.

The two companies signed a Memorandum of Understanding in 2007 to establish the joint venture company ODL, which developed the project. According to CEO of Pacific Rubiales Ronald Pantin, the goal was to be able to take the Rubiales field to its full potential and to provide a cheaper was to transport crude to the Covena Terminal for export. Oil was previously trucked, and the pipeline was predicted to reduce transportation costs by around 50%.

=References=