The Ministry of Energy and Mining has signed a mediation agreement with the private company Oleoducto de Crudos Pesados(OCP) Ecuador, whose purpose is to “guarantee the orderly transfer of infrastructure, obligations and assets related to the pipeline to the Ecuadorian state,” the State portfolio reported on Friday, January 19.
The agreement was reached because in the transfer, which was scheduled for January 20 of this year, there were “technical delays, as well as the impossibility of closing the transition tables, which is why the negotiations of both sides have to continue”, the ministry specified. , while acknowledging that a private company is cooperating with the process.
At the transition tables, solutions for unforeseen situations related to the current transport capacity of the gas pipeline were evaluated and sought.
Minister Andrea Arrobo participated as an honorary witness at the signing of the agreement, an event attended by Jorge Vugdelija, executive president of OCP Ecuador.
The construction of the OCP represented an investment of 1.475 million dollars, and after the end of the 20-year concession contract with a private company – signed on November 14, 2003 – the gas pipeline must pass into the hands of the Ecuadorian state.
The OCP emerged as an additional mechanism for the transportation of crude oil in the Trans-Ecuadorian Oil Pipeline System (SOTE). This new pipeline was intended to transport heavy crude oil, which was mainly obtained from the northeastern part of the country.
The infrastructure is 485 kilometers long. In its ascending part, it passes through four pumping stations: Amazonas, located five kilometers from Nueva Loja; Cayagama, located in Gonzalo Pizarro, in the province of Sucumbíos. Additionally, Sardinas, in the Quijos Valley, in Napo, 1,802 meters above sea level; and Páramo, in Papallacta, also in the province of Napo, at an altitude of 2,862 meters.
According to the company, there are also two pressure reduction stations: Chiquilpe and Puerto Quito, located in the descending section of the pipeline, after it has reached, at its highest point, 4,064 meters above sea level.
Source: Eluniverso

Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.