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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
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
05/19/201519:20:25China Premier Li Unveils Billions of Dollars in Financing, Trade...
05/19/201518:14:17ADRs End Lower; Vodafone Edges Down
05/19/201514:49:55Brazil's Vale Signs Deals With Chinese Banks, Shipping Companies
05/19/201514:08:47Report of Foreign Issuer (6-k)
05/19/201514:07:21Report of Foreign Issuer (6-k)
05/18/201506:07:49Report of Foreign Issuer (6-k)
05/17/201514:00:02Eike Batista: How to Lose $35 Billion in Less Than 365 Days
05/14/201510:25:46Report of Foreign Issuer (6-k)
05/08/201517:30:49Report of Foreign Issuer (6-k)
05/03/201517:38:16BHP Models Leaner Look for Mining
05/01/201512:23:29LONDON MARKETS: FTSE 100 Higher As Lloyds, Miners Rally; Pound...
05/01/201508:19:15LONDON MARKETS: FTSE 100 Higher As Lloyds, Miners Rally
05/01/201506:48:24ASIA MARKETS: Japan Stocks Edge Up, But Gains Limited As U.S...
05/01/201506:07:08LONDON MARKETS: FTSE 100 Falls As Barclays Moves Lower, But Lloyds...
04/30/201518:37:44ADR Shares End Lower; Baidu, Nokia Fall
04/30/201516:30:36Brazil's Petrobras Confirms New Board Members -- Update

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