Venezuela Seeks to Revive Natural Gas Exports to Colombia

  • Relations with Colombia set to improve when Petro takes office
  • Venezuela has some of the world’s largest natural gas reserves

An oil refinery in Cartagena, Colombia in March, 2012.

Photographer: Paul Smith
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Venezuela is studying whether it could revive an abandoned pipeline in western Venezuela to export natural gas, according Juan Ricardo Ortega, the head of one of Colombia’s biggest power companies.

State-controlled Petroleos de Venezuela, or PDSVA, is hoping to restart a 139-mile pipeline that connects Venezuelan gas fields with northeast Colombia, said Ortega who is CEO of Grupo Energia Bogota SA.