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Trans-Caribbean pipeline
The Trans-Caribbean gas pipeline (also known as Antonio Ricaurte Gas Pipeline) is a natural gas pipeline between Venezuela and Colombia with extension to Panama and probably to Nicaragua. The construction was started on 8 July 2006 with presence of presidents Hugo Chavez of Venezuela, Alvaro Uribe of Colombia and Martin Torrijos of Panama. The pipeline will pump gas from Colombia to Venezuela and, after 7 years, from Venezuela to Colombia.
The construction of the first stage will take 2 years and it will cost more than US$ 200 million. The first stage of the pipeline is 224.4 kilometers long and runs from Maracaibo in the state of Zulia in Venezuela to Puerto Ballena gas fields in La Guajira, Colombia. The first stage would be operational by mid-2007, enabling Venezuela to import 150 million cubic feet of gas daily. The costs of the pipeline are expected to be US$ 335 million.
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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article Trans-Caribbean pipeline
