The new 230kV line is designed to supply up to 192MW per hour to two booster pumping stations at the Oleoducto de los Llanos Orientales (ODL) pipeline in Columbia, as well as substations at the Rubiales and Quifa oil fields.
Built at a cost of $230m, the transmission line is 100% owned by the company and is held by its wholly-owned entity Pacific Midstream.
Pacific Rubiales Energy chief executive officer Ronald Pantin said the transmission line is expected to reduce production costs at the Rubiales and Quifa fields by significantly lowering the electrical energy costs for oil production.
”Cost savings are estimated at approximately Cdn.$100 million per year, on full commissioning,” Pantin added.
"The Company plans to use PEL to supply the energy required to run its new CPE-6 and other future heavy oil field developments in the southern Llanos basin.”
The PEL line is expected to be fully commissioned by mid-2014, after the substations at the ODL Pipeline are complete.
