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Venezuela and Colombia To Build Gas Pipeline

Venezuela and Colombia are likely will build a cross-border natural gas pipeline

Venezuela and Colombia To Build Gas Pipeline

Venezuela and Colombia are likely will build a cross-border natural gas pipeline with a total investment of $130million, Venezuela's state-owned natural gas company said Wednesday.

The 215-km pipeline, with 120 km in Venezuela, will have a transport capacity of 150 million cubic feet per day, said the company in a statement. The pipeline will pump natural gas to Venezuela's Zulia state in the first seven years. It may extend to Central America in the future.

Building will start at the end of this year or the beginning ofnext year, and is expected to be completed within 18 months.

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