Reuters: Regulatory News: UPDATE 1-Colombia ends Drummond suspension, night railway ban

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UPDATE 1-Colombia ends Drummond suspension, night railway ban Mar 1st 2013, 16:58 Fri Mar 1, 2013 11:58am EST BOGOTA, March 1 (Reuters) - Colombia has lifted a coal loading suspension on the country's second-biggest exporter of the material, Drummond Ltd, and also on a night-time ban at the main railway, the national licensing authority said on Friday. Colombia's coal sector has been reeling from a series of problems that shut down exports from the world's fourth-largest coal exporter, and the lifting of the suspensions on the rail line and Drummond will be a relief to producers and end-users. Luz Helena Sarmiento, general director of the National Environmental Licenses Authority known as ANLA, said that the body had reviewed Drummond's updated contingency plan and would now end a loading suspension at its port. The ANLA suspended coal loading at Drummond's harbor on Feb. 6 after bad weather forced a coal spill into the nearby waters. Sarmiento also said that a ban on overnight transport on Colombia's main coal railway, known as Fenoco, will be lifted. A regional environmental body ordered Fenoco to stop running trains near populated areas between 10:30 p.m. and 4:30 a.m. local time so residents' sleep would not be disturbed. The company has been complying with the order since early February.

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