Petroecuador resumes oil exports from SOTE system

04/05/2004
Ecuador's state-owned oil company Petroleos de Ecuador resumed oil exports Mar. 26 from its Trans-Ecuadorian Pipeline System (SOTE) after a warning from the six-company consortium that controls and operates the Oleoducto de Crudos Pesados (OCP) pipeline.Petroecuador said its first shipment of 720,000 b/d of oil left the company's Balao terminal on the Pacific coast. Similar shipments were scheduled for Mar. 29 and Mar. 31, the company said.Its announcement followed a complaint issued Mar. 24 by the OCP Ecuador SA consortium."OCP Ecuador SA has been receiving and transporting crude oil from Petroecuador in a continuous way sinceUMar. 18 until today," OCP said Mar. 26, adding, "...
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