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Guerrilla attacks take huge toll on oil industry.

BOGOTA -- Colombian crude oil output was cut to less than a quarter of its expected daily average in September due to a bombing campaign by rebel groups. Sources at for Occidental Petroleum said production at the company's Cano Limon oil field dropped to an average of 26,000 b/d, 91,000 b/d less than expected as a result of repeated bombings of the main pipeline carrying crude from the field to the port of Covenas.

Sources say production was also halted for about 20 days in October due to the sabotage.

The pipeline is a favorite target of rebel groups. Last year, the line was bombed a record 79 times. The pace has picked up, though, with 83 hits registered so far this year.

The attacks have cost the government and Occidental millions of dollars. Imports of oil by Colombian refineries from neighboring Venezuela nearly doubled in October due to the attacks.
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Title Annotation:Colombia
Publication:America's Insider
Article Type:Brief Article
Geographic Code:3COLO
Date:Nov 17, 2000
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