Transcarpathian gas pipeline


Transcarpathian pipeline (red) Gasoducto Transcaribeño, also known as Gasoducto Binacional, is a gas pipeline that was launched on July 8, 2006 by Venezuelan President Hugo Chávez, Alvaro Uribe of Colombia, and Martí Torrijos of Panama. Construction will last two years, costing over $ 300 million.

The diameter of the pipe will be 64 cm, its length - 225 km between Punta Ballenas in the Colombian part of the Guajira Peninsula and the eastern coast of Lake Maracaibo (State of Zulia) in Venezuela. In the beginning, it will transport 4.25 million m³ of gas per day to Venezuela in order to change direction in 2013 by transporting gas from Venezuela to Colombia.

Construction works are carried out by state oil companies: Venezuela PDVSA and Colombian Ecopetrol.

The investment is a manifestation of Latin American integration (for now South American) within the Union of South American Nations.

At first, the gas pipeline was to be called Transguajirian, but after the Panama expansion, the name was changed to Transcargar.

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