Venezuelan state-owned PDVSA will begin exporting natural gas to Colombia, starting on December 1st, stated the head of the company’s gas unit, Anton Castillo. This will be the first time Venezuela exports gas by pipeline.
Castillo signed a contract with General Manager of Colombia-based Petromil Gas, Carlos Henao. Petromil plans to take exports of 50 MMcf/d (million cubic feet per day) from the Perla offshore natural gas field in the Gulf of Venezuela’s Cardon IV block, which is operated by Italy’s Eni and Spain’s Repsol.
Castillo said the Cardon IV block “currently manages production of 510 MMcf/d, with plans to produce 950 MMcf/d by 2018.”