Country Risk

Planned ELN ceasefire reduces election disruption risks but only temporary relief to hydrocarbon assets and staff in Colombia

28 February 2018


On 26 February, armed Colombian group the National Liberation Army (ELN) declared that it would engage in a unilateral ceasefire on between 9–13 March to allow Colombians to vote peacefully during legislative elections on 11 March.

Negotiations between the ELN and the government that began in February 2017 are currently suspended; the group has resumed attacks against state security forces and hydrocarbon assets and road infrastructure. Petroleum firm Ecopetrol’s Caño Limón-Coveñas pipeline – which passes through Arauca and Norte de Santander departments – has been attacked with improvised explosive devices (IEDs) more than two dozen times since the ceasefire ended, and the company’s Transandino pipeline in Nariño has suffered at least one attack.

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