The Business Year

Hector Manosalva

COLOMBIA - Energy & Mining

Hector Manosalva

President, Cenit

Bio

Héctor Manosalva is the president of Cenit Transporte y Logistica de Hidrocarburos, the company that leads the segment of midstream in Colombia. He is a petroleum engineer from Fundación Universidad de América and has postgraduate studies in finance and management. He has more than 33 years of experience in exploration, production, and midstream as well as extensive knowledge of the energy sector of Colombia and Latin America.

A subsidiary company of the Ecopetrol Business Group, Cenit is a midstream company responsible for the transportation needs of hydrocarbons in Colombia.

What is Cenit’s role in Colombian oil midstream, and what is the importance of reliability in your relationships with partners and clients?

Our hydrocarbons transportation activity is carried out through an organization that operates both directly and through a majority shareholding in subsidiary offices such as Ocensa, Oleoducto de Colombia (Colombia’s oil pipeline), Oleoducto de Los Llanos Orientales (Los Llanos Orientales oil pipeline), and Oleoducto Bicentenerio (the Bicentennial oil pipeline). Cenit transports 100% of the refined fuels to distribution centers. It leads the midstream segment, and we complement the value chain of the business group by transporting hydrocarbons from production centers to refinery centers or export points. We are the segment that connects production to markets. In terms of reliability, we develop a value proposition for our clients through which we transport products with the highest efficiency, at the right price, and with the quality and opportunity required by each of our clients.

The company recently announced an investment of USD382 million. What role does Cenit play in the infrastructure development of Colombia?

Cenit has an investment plan drawn up until 2040 that was developed in parallel to the plans of the business group. We have certain investment niches aimed at increasing reliability and risk management in the oil and refined products’ transportation activities. The second element has to do with the expansion of the infrastructure. Our goal is to expand the polyduct network to supply the increase in demand. We currently transport 330,000bpd, but the country will need around 400,000 by 2030. Our projects require investment of over USD1 billion, with an investment plan that might reach the USD4-billion mark by 2030. Even though we have the capacity available in terms of polyducts, our goal with producers is to connect their new exploration and production activities to the current systems. We seek to propose innovative solutions so that producers have the possibility of incorporating, in the shortest possible time, production volumes to our systems.

What makes innovation a focus point within the business development vision of Cenit?

We have been incorporating a digital transition in the organization, and the objective is to go from physical assets to intelligent ones. Today, we have the Integrated Operations Center (CIO), the most modern operations center in Latin America for hydrocarbons handling. Cenit built this in 2021, and it is today a reference regarding technology introduction. This center is not only in charge of overseeing the operations across the country, but also has a digital intelligence center supported through data analytics to make operations significantly more efficient.

What policies define the sustainability project of the company?

Cenit wants to have an impact on resources, the environment, and the climate, namely being carbon neutral. To achieve this, the first thing we did was to implement this policy within the organization through political divulgation. The second thing was to quantify our volume of emissions, the equivalent generated by our operation. The next thing was to create a program of energy efficiencies, aimed at reducing and making more efficient the energy consumption. The next step was to develop power generation through non-conventional resources. In 2021, we built the biggest solar plant in Colombia, a plant of 61MW with cutting-edge technology, such as bifacial panels. In September 2021 we started up solar plants in six of our pumping stations, reducing 513 tons of carbon per year, which is equivalent to planting more than 84,830 trees. In August 2022, we will begin the construction of another six solar plants with 23MW for our clean power generation matrix. We began two studies for wind generation in Santa Marta and Coveñas, with a generation of 5MW each and have concluded two studies for tidal power generation in Tumaco and Coveñas. Our objective for 2024 is to have 150MW of power generated by clean energies. Additionally, in 2021, we closed the year with the planting of 1,157,000 trees. Finally, we have also purchased carbon bonds. 

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