ECUADOR EXPANDING OIL SECTOR INFRASTRUCTURE

Ecuador's state oil company Petroleos del Ecuador continues to press expansion of its refining/marketing sector. However, much of that expansion remains in the planning stage as big domestic fuels subsidies mask the effects of volatile oil markets (OGJ, May 27, p. 107). At the same time, the government's efforts to attract investment by foreign oil companies in Ecuadorian exploration and development is spurring Petroecuador to expand the country's upstream infrastructure as well

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Capacities