Ecuador ponders pipeline to buy natural gas from Venezuela and Colombia
Ecuador Minister of Non-Renewable Natural Resources Wilson Pástor said that a team of engineers has traveled to Colombia and Venezuela to assess the potential of their reservoirs and the facilities required to deliver natural gas to Ecuador
Ecuador is pondering the possibility of building a pipeline that will transport natural gas from Colombia and Venezuela, said Minister of Non-Renewable Natural Resources Wilson Pastor.
"If reserves in Colombia and Venezuela are large enough, we are ready to launch negotiations leading us to purchase natural gas," the official told reporters after a hearing at the National Assembly.
The minister explained that a team of Ecuadoran engineers has traveled to Colombia and Venezuela to assess the potential of the reservoirs and the facilities required to deliver natural gas to Ecuador.
He added that the project cost has not been estimated yet.
José Vicente Rangel clearly said: "We are not conducting negotiations threatened with a gun in the head." He warned behind closed doors in the midst of the social upheaval occurred during the oil strike in 2002 and 2003. Dissenting Timoteo Zambrano answered back that no other option was available: "The thing is that otherwise, you do not negotiate."