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Colombia-Central America energy corridor

Wednesday, August 12, 2015

Is it time for a pipeline to Panama, which would let Colombia export oil, gas and electricity to Central America?

Panama last month started a feasibility study for an energy corridor, which

could be extended to the rest of Central America.

Colombia has already approved a 500-kilometer transmission line, at a cost of $500 million.

Betting on an energy corridor is risky.

Colombian electricity is not cheap.

Colombia has limited reserves of oil and natural gas.

On the other hand, the distance is short.

The project was initially approved it in 2004, by Colombian President Alvaro Uribe, Hugo Chavez of Venezuela, and Panama's Martin Torrijos.