Watching the World: A squabble in Amazonia

Ecuador resumed operations at its Sote pipeline last week after several days of protests by residents of the Orellana and Sucumbios provinces in the Amazonia region. But it proved an expensive couple of days in more ways than one.Jorge Pazmino, an operations manager, said Petroecuador was evaluating the damage that occurred on Aug. 16 when protesters in Lago Agrio blocked the pipeline operation station.A Petroecuador executive already had a pretty good idea of the damage, though, saying crude output had fallen 68% by early Aug. 17 due to the continuing protests. That added up to a lot of revenue-more than $12 million worth.Petroecuador Pres. Luis Roman said he was “concerned” ...

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