OCP Ecuador

What OCP Ecuador does

OCP Ecuador S.A. (Oleoducto de Crudos Pesados Ecuador) operates Ecuador's primary heavy crude oil pipeline infrastructure, a 485 km buried pipeline running from the Amazonas Terminal in Lago Agrio (Sucumbíos) to the Maritime Terminal at Punta Gorda, Esmeraldas, traversing four provinces, 11 cantons, and 33 parishes. The system includes heating stations to reduce crude viscosity, pressure reduction stations, multiple pumping stations (including the highest-elevation pumping station in the Andes at 4,064 meters), 5 storage tanks at the marine terminal with 3.75 million barrels of capacity, and two monobuoys capable of loading vessels up to 325,000 DWT. Since 2017, OCP has also offered segregated light crude transportation using PIG separators, and since 2014 it has received Colombian crude via bi-national carrotanque reception at the Amazonas station.

OCP's customers are primarily the Ecuadorian State (through PETROECUADOR) for Napo crude transport and Colombian producers from the Putumayo region via a binational agreement. Revenue is generated through transaction fees for crude transportation and maritime terminal storage/loading services, though pricing is contractually negotiated and not publicly disclosed. Cumulative throughput reached 1.295 billion barrels by May 2026, generating USD 73.861 billion in crude export value for Ecuador — approximately 4% of national GDP. The company holds ISO 9001, 14001, 45001, and 50001 certifications and was the first Ecuadorian firm to achieve ISO 50001 recertification.

On November 30, 2024, the Ecuadorian State assumed control of OCP, transitioning the company from private to state-owned. The company operates with 270 direct employees generating 16,000+ indirect jobs, has invested over USD 50 million in social and community programs, and has paid USD 680 million in taxes and contributions to the Ecuadorian state (2003-2018). Its original USD 1.475 billion construction investment remains the largest private infrastructure investment in Ecuador's history.

Name

OCP Ecuador

Legal name

Oleoducto de Crudos Pesados (OCP) Ecuador S.A.

Website

https://ocpecuador.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

OCP Ecuador operates a 485 km heavy crude oil pipeline from the Amazon basin to a maritime export terminal, serving Ecuadorian state crude and Colombian producers with segregated transport, storage, and vessel loading services.

Ownership category

akta.pro rank

Product category

Crude Oil Pipeline Transportation

NAICS

Pipeline Transportation of Crude Oil (4861)

SIC

Pipe Lines (No Natural Gas) (4610)

akta.pro primary industry

Crude Oil Pipeline Transportation (EUALADAA)

akta.pro secondary industries

Crude Oil Pump Stations & Mainline Facilities Operations (TLAGAAAH), Crude Oil Pipeline Maintenance & Repair (Pigging, Cleaning, Valve/Station MRO) (TLAGAAAN)

Keywords

• Heavy crude pipeline
• Crude oil transportation
• Maritime terminal services
• Hydrocarbon logistics
• Pipeline infrastructure

Headquarters

HQ city

Quito

HQ country

Ecuador

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Supply Chain, Others

Revenue model

1. Crude Oil Transportation Services: OCP Ecuador charges fees for transporting crude oil through its 485km pipeline system from production areas in Sucumbíos to the Maritime Terminal in Esmeraldas for export. Revenue is generated from Ecuadorian and Colombian oil producers using the pipeline infrastructure.
2. Maritime Terminal Services: Revenue from storage and vessel loading services at the Maritime Terminal in Esmeraldas, including crude oil storage in tanks and loading operations to export vessels.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

OCP Ecuador operates a 485 km heavy crude oil pipeline and maritime terminal for the transportation of crude oil from production fields in the Ecuadorian Amazon (Lago Agrio, Sucumbíos) to the Maritime Terminal at Esmeraldas for export. Core services include heavy crude transportation (Ecuadorian state crude and Colombian crude), segregated light crude transportation using PIG separators to maintain crude quality, reception of Colombian crude via carrotanques (tanker trucks) through a bi-national system, and maritime loading of export vessels. The company also provides 3.75 million barrels of storage capacity and integrated logistics solutions for hydrocarbon transportation.

Product overview

OCP Ecuador is an oil pipeline company providing integrated logistics solutions for hydrocarbon transportation. The core offering consists of the Oleoducto de Crudos Pesados (OCP), a 485 km pipeline transporting heavy crude oil from Lago Agrio to Esmeraldas. The product portfolio includes three main services: heavy crude transportation, segregated light crude transportation (for Colombian crude), and reception via tanker trucks. The system includes pumping stations, pressure reduction stations, and a maritime terminal with 3.75 million barrel storage capacity capable of loading vessels up to 325,000 DWT.

Differentiator

Problem solved

Functional benefit

Products and services

• Heavy Crude Transportation Service (Transporte de Crudo Pesado) Transportation of heavy crude oil through a 485 km buried pipeline from Lago Agrio (Terminal Amazonas) to Esmeraldas (Terminal Marítimo), traversing 4 provinces, 11 cantons, and 33 parishes. The service includes pumping stations (Cayagama, Sardinas, Páramo), pressure reduction stations (Chiquilpe, Puerto Quito), and heating systems to reduce crude viscosity, with a transportation capacity of 410,000 barrels/day. Designed for Ecuadorian state oil producers and international oil producers needing reliable heavy crude transport infrastructure.
• Segregated Light Crude Transportation Service (Transporte de Crudo Segregado) Segregated light crude transportation service that allows light crude from Colombia to be transported without mixing with heavy crude, maintaining the original quality of both products through the use of PIG (Pipeline Intervention Gadget) separators. Designed for Colombian light crude producers (27.5 API) requiring pipeline infrastructure that preserves product integrity during transport.
• Crude Reception Service via Tanker Trucks (Recepción por Carrotanques) Crude oil reception service via tanker trucks at the Amazonas Station in Lago Agrio, receiving up to 30,000 barrels daily of heavy and light crude transported approximately 195 km from southern Colombia (Putumayo region) through the San Miguel border crossing. Designed for Colombian crude producers needing access to the OCP pipeline and maritime export terminal.
• Esmeraldas Maritime Terminal Services (Terminal Marítimo Esmeraldas) Marine terminal located at Punta Gorda, 15 km from Esmeraldas, with storage capacity of 3,750,000 barrels in 5 tanks of 750,000 barrels each. Capable of loading vessels up to 2 million barrels in a single dispatch through two monobuoys (Charlie at 150,000 tons and Papa at 325,000 tons). Designed for international oil traders and exporters needing crude storage and vessel loading infrastructure.
• OCP Pipeline Infrastructure (Oleoducto de Crudos Pesados) 485-kilometer heavy crude oil pipeline infrastructure including Terminal Amazonas (origin at Lago Agrio), multiple pumping stations (Cayagama, Sardinas, Páramo at 4,064 meters elevation), pressure reduction stations (Chiquilpe, Puerto Quito), and Terminal Marítimo Esmeraldas (destination). 99% of the pipeline is buried for environmental protection. The infrastructure forms the integrated backbone for crude oil transportation in Ecuador.

Quantifiable outcome

• 1.295 million barrels transported; USD 73.861 million in crude exports; 46 million barrels of Colombian crude received
• +4 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Ecuadorian State (State assumption of control)coreOthers · 1 July 2025On November 30, 2024, the Ecuadorian State assumed control of OCP Ecuador. The company operates under state authorization for construction and operation of the pipeline infrastructure.
• Fundación El TriángulominorStrategic or Co-development Partner · 13 August 2024Partnership for nutrition program (feeding 142 students and 40 tutors) and sponsorship of 'Marea, estamos conectados' theater production featuring 50 artists with intellectual disabilities.
• She Is FoundationminorStrategic or Co-development Partner · 12 June 2024Partnership for the 'Ella es Astronauta' program enabling three girls from OCP's influence area to visit NASA facilities. Program aims to break gender stereotypes and economic barriers.
• FIDAL (Fundación para la Integración y Desarrollo de América Latina)minorStrategic or Co-development Partner · 5 June 2024Partnership for the Ecomuseo Biblioteca de Quito project - a pioneering environmental education center that will combine interactive exhibits, virtual reality, and augmented reality to promote environmental awareness.
• Pacto Global Red EcuadorminorStrategic or Co-development Partner · 25 October 2022OCP Ecuador became a signatory to the UN Global Compact, committing to sustainable development and the 17 Sustainable Development Goals of Agenda 2030.
• Ministerio del Ambiente (Ministry of Environment)minorStrategic or Co-development Partner · 8 April 2021Conservation studies funded through EcoFondo and direct Ministry contributions totaling over USD 10 million. Studies focus on conservation of areas adjacent to OCP pipeline route.
• Various Local Municipalities and Fire DepartmentsminorOthers · 8 April 2020Support to various municipalities along pipeline route including firefighting equipment donations, road construction (Jorge Aguilera avenue in Lago Agrio), and community infrastructure projects.
• Universidad de las Américas (UDLA)minorStrategic or Co-development Partner · 1 June 2018OCP Ecuador maintains agreement with UDLA Faculty of Dentistry to provide free dental care to schools along the pipeline route. Over 700 students have benefited from 3 annual service sessions.
• Government of Colombia (Binational Agreement)coreStrategic or Co-development Partner · 11 February 2013Binational agreement between Ecuador and Colombia governments enabling transportation of Colombian crude through OCP Ecuador pipeline for export via Esmeraldas terminal. Signed by Ministers of Foreign Affairs of both nations.
• CONATEL and SENATELminorGTM or Marketing Partner · 26 September 2006Agreement for transfer of four fiber optic lines to the State for the benefit of communities near OCP's area of influence.
• UNICEF EcuadorminorStrategic or Co-development Partner · 17 June 2005Agreement signed to support education, communication, and citizen surveillance projects for children in Ecuador.
• EcoFondominorStrategic or Co-development Partner · 1 February 2005Environmental conservation fund created in 2005 with USD 10 million contribution from OCP Ecuador for conservation projects and environmental actions. Fund closed in 2016.

Scale indicators17 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• SOTE (Sistema de Oleoducto Transecuatoriano): Ecuador's other primary crude oil pipeline, also operated by EP PETROECUADOR, transporting crude from the Amazon basin to the Esmeraldas/Pacific coast. Directly comparable to OCP as the only other long-haul crude pipeline in Ecuador, sharing the same customer base, route geography and exposure to Ecuadorian upstream production trends.
• Cenit (Ecopetrol subsidiary): Colombian crude oil logistics and pipeline subsidiary of Ecopetrol, operating the country's main pipeline systems. Directly comparable as the upstream pipeline counterpart receiving the Putumayo crude that OCP transports onward for export, and a regional midstream peer with similar product/service scope.
• Oleoducto Bicentenario de Colombia: Colombian heavy crude pipeline (OCENSA/Bicentenario) connecting Casanare production to the Caribbean coast for export. Directly comparable as a regional heavy crude pipeline serving similar producer customers and offering similar transportation/storage services in a neighboring country.

Broad incumbents

• TC Energy (now South Bow + TC Energy): Major North American pipeline operator (formerly TransCanada) with crude oil liquids systems and extensive energy infrastructure across Canada, the U.S. and Mexico. Comparable as a fee-based pipeline operator with long-distance crude transportation services and similar regulatory/right-of-way dynamics to OCP.
• TransPetro: Brazilian state-owned crude and product pipeline, terminal and shipping subsidiary of Petrobras. Comparable as a Latin American large-scale midstream operator with extensive pipeline networks, terminal infrastructure, and B2B fee-based revenue model, though operating at much greater scale across multiple products and regions.
• Kinder Morgan: One of the largest North American energy infrastructure companies, operating extensive crude oil, petroleum product and CO2 pipelines plus terminals. Comparable as a publicly listed pipeline/terminal operator with take-or-pay and fee-based contracts analogous to OCP's transaction-fee model.
• Pemex Logística: Logistics and pipeline subsidiary of Pemex, Mexico's state oil company, operating crude and product pipelines plus storage terminals. Comparable to OCP as a state-affiliated Latin American midstream operator with crude transportation and storage services and a similar concentration of throughput from a single national oil company customer.
• Enbridge: North America's largest midstream operator, owning and operating extensive crude oil, liquids and natural gas pipelines plus terminals and storage. Comparable as a publicly listed pipeline operator with a transaction-fee revenue model, diversified customer base, and significant capital intensity; OCP is a regional analogue of this business model.

Others

• TOTSA (TotalEnergies Trading affiliate in Ecuador): One of the international oil companies active as a crude offtaker/custom-shipper on Ecuadorian pipeline infrastructure including OCP. Comparable as an adjacent ecosystem participant rather than direct competitor: a customer and counterparty that uses OCP's pipeline capacity for export, illustrating the value chain context in which OCP operates.

Regional players

• Petroperú: Peruvian state oil company operating the Norperuano pipeline system that transports crude from the Amazon to the Pacific coast. Comparable to OCP as a regional Andean Amazon-to-coast crude pipeline operator with state involvement, serving similar geological and political operating environments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/OCPEcuador
• YouTubeyoutube.com/user/ocpecuador
• Facebookfacebook.com/ocpecuadorsa
• LinkedInlinkedin.com/company/ocp-ecuador
• Instagraminstagram.com/ocpecuador

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OCP Ecuador