Crude exports out of Colombia in recent years have averaged just over 600,000 barrels per day, with exports typically highest in January, before gradually descending through the year. To start this year, however, export volumes have dropped off considerably, as unrest rises up in the country once more. Exports are currently at 540,000 bpd so far this month, considerably adrift of year-ago levels: (Click to enlarge) The drop in exports comes amid the end of a temporary ceasefire between the Colombian government and the National Liberation Army (ELN), which expired last Tuesday (January 9) after 101 days. A number of attacks on energy infrastructure across the country have subsequently followed, as well as kidnapping . We have issued a number of impact alerts to our clients in the last week highlighting the most pertinent events. The Caño Limón – Coveñas pipeline experienced multiple attacks on January 10. The Caño […]