Project Finance: Practical Case Studies

TERMOEMCALI, COLOMBIA

Exhibit 3.1

Pipeline route

TER

MOEMCALI

VENEZUELA

CARIBBEAN SEA

PACIFIC OCEAN

ECUADOR

PERU

BRAZIL

COLOMBIA

Barrancabermeja

Bogotá

Mariquita

Yumbo

Cali

Opon Gas Field

Cauca River

TERMOEMCALI Project site

Project pipeline route (under construction)