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Ecopetrol-KNOC JV To Complete Peru Gas Project This Year -Bloomberg

DOW JONES NEWSWIRES A joint venture between Colombia's Ecopetrol SA (EC) and Korea National Oil Corp. is scheduled to complete this year a $55 million natural-gas project in Peru, Bloomberg News reported Friday, citing Savia Peru's vice president. The project, to supply north coastal industries such as Vale SA's (VALE) Bayovar phosphate mine through a 25 kilometer pipeline, is awaiting environmental approval from Peruvian lawmakers, Nelson Castaneda told Bloomberg in an interview. "With 1 trillion cubic feet found so far, this could supply a fertilizer industry, generate electricity and supply cars and homes," Castaneda said, adding that the project has attracted 15 potential buyers to its output. Full story at http://www.bloomberg.com/news/2012-05-25/ecopetrol-s-peruvian-unit-to-complete-natural-gas-project.html -Dow Jones Newswires; 212-416-2900

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
07/03/201505:49:27China Ends Ban on 400,000-Ton Iron-Ore Freighters
06/26/201506:02:49Report of Foreign Issuer (6-k)
06/25/201517:21:51Report of Foreign Issuer (6-k)
06/20/201516:08:03Is China Going to Use the Mining Downturn to Take Over the Industry?
06/15/201517:19:58Brazilian Shares Dragged Lower by Uncertainty on Greek Debt;...
06/10/201518:13:19ADRs End Higher; 21Vianet Rises, Renren Declines
06/10/201517:24:37Brazilian Shares Rise as Vale Advances; Real Weakens Against...
06/10/201512:30:35Brazil's Vale Plans to Slash Capital Spending Next Three Years
06/10/201512:19:26Brazil's Vale Plans to Slash Capital Spending Next Three Years
06/03/201521:40:12U.S. Steelmakers Seek Punitive Tariffs on Imports
06/03/201506:03:01Report of Foreign Issuer (6-k)
06/01/201515:05:02Is This Metals Giant Loading a $2 Billion Growth Cannon?
06/01/201508:53:36Report of Foreign Issuer (6-k)
05/29/201512:09:02How Much Are You Paying for Growth at Vale SA (ADR)?
05/29/201509:30:25Brazil Economy Contracts Less Than Expected
05/23/201516:00:025 Things Vale SA ADR's Management Wants You to Know
05/22/201515:02:02These Mining Giants Are Throwing in the Towel; Are Iron Ore Prices...
05/20/201522:10:21China Cosco, China Shipping Development Sign Long-Term Shipping...
05/20/201505:54:11China Cosco, China Shipping JV to Buy Mega Ships From Vale
05/19/201519:50:10China Premier Unveils Financing, Trade Pacts in Brazil

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