Page 8 - LatAmOil Week 15 2020
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TRINIDAD AND TOBAGO
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To this end, she said, it will continue to follow the government’s public health policies and will also take a proactive approach to developing its own strategy.
“We actually started our response planning in January as we started to see things develop- ing ... We actually stood up our crisis response on the 14th of March, and coinciding with that was our decision to move to work from home for those non-essential members of our team
while also building out a plan to minimise the exposure for those who are in fact travelling to site and who are in fact doing very vital work in helping us to ensure we are keeping the gas supply to the country.”
BPTT is a joint venture formed by BP (UK), with 70%, and Repsol (Spain), with 30%. The company produces more than half of the natu- ral gas consumed in Trinidad and Tobago and is a shareholder in the Atlantic LNG project.
BPTT is a shareholder in Atlantic LNG (Photo: Guardian.co.tt)
ECUADOR
Ecuador suspends flows through two oil pipelines hit by landslide
ECUADOR has stopped operations in two oil pipeline systems following a landslide in the Amazon region last week, according to the country’s Hydrocarbons Ministry.
In a statement, the ministry said that the national oil company (NOC) Petroecuador would draw on its inventories to ensure that oil exports would not be interrupted. “Exports will go on as normal, with volumes stored in [the ports of] Balao and Esmeraldas, according to the programme established by Petroecuador,” Hydrocarbons Minister Rene Ortiz was quoted as saying in the statement.
Ortiz also indicated that Petroecuador would withdraw oil from its stocks to ensure that local refineries had sufficient feedstock. The govern- ment can guarantee fuel supplies to the domes- tic market, he said.
The landslide reportedly led to a drop in pressure in the Trans-Ecuadorian Oil Pipeline System (SOTE), which is operated by Petroe- cuador. This state-run network pumps an aver- age of 340,165 barrels per day (bpd) of along a
498-km route from the Amazon to the port of Esmeraldas.
Meanwhile, the landslide also led to the flooding of the Coca River, which in turn caused
a rupture in the Heavy Crude Pipeline (OCP) system. The latter is a privately operated pipeline
that pumps an average of 173,086 bpd, accord-
ing to official data.
SOTE and OCP oil pipelines (Image: Ecuador Hydrocarbons Ministry)
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w w w . N E W S B A S E . c o m Week 15 16•April•2020