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Venezuela-Colombia pipeline due August


Published :
Wed, 18 Apr 2007 00:16
By : Agencies
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CARACAS, Venezuela (AP) - Venezuelan President Hugo Chavez said Tuesday that a natural gas pipeline being built between Venezuela and Colombia will be completed by early August -- five months later than earlier estimates.

Chavez announced the new date in a meeting with his Colombian counterpart, Alvaro Uribe, the Venezuelan government said in a statement.

The two leaders inaugurated construction last July on the 145-mile pipeline, which will connect Colombia's La Guajira fields with Venezuela's Paraguana Peninsula.

Venezuelan Oil Minister Rafael Ramirez said then that the pipeline would be finished by March 2007 and cost $335 million.

Venezuela and Colombia are studying the possibility of eventually extending the pipeline to Panama.

Chavez and Uribe met on the sidelines of a two-day energy summit of South American leaders on Venezuela's Margarita island.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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