Ecuador seeks strategic partner for Esmeraldas refinery upgrade

June 14, 2022
Ecuador’s state-owned Petroecuador is seeking proposals from companies interested in becoming a strategic partner in the rehabilitation, modernization, and integral operation of its 110,000-b/d Esmeraldas refinery on the Pacific Coast.

Ecuador’s state-owned Petroecuador is seeking proposals from domestic and international companies interested in becoming a strategic partner in the rehabilitation, modernization, and integral operation of its 110,000-b/d Esmeraldas refinery on the Pacific Coast.

As part of the first-phase selection process, companies that wish to be considered as a potential strategic partner are to submit letters of interest (LOI) to Petroecuador between June 13-24 to receive a data pack containing relevant technical, economic, and legal information, the operator said in a release.

Parties interested in participating can send LOIs to [email protected].

Petroecuador said modernization and rehabilitation plans as part of the proposed partnership will involve construction and startup of a high-conversion unit to process residues currently produced at the refinery as part of the operator’s plan to improve fuel quality for the domestic market.

Further details regarding the planned strategic partnership and upgrading project were not disclosed.

About the Author

Robert Brelsford | Downstream Editor

Robert Brelsford joined Oil & Gas Journal in October 2013 as downstream technology editor after 8 years as a crude oil price and news reporter on spot crude transactions at the US Gulf Coast, West Coast, Canadian, and Latin American markets. He holds a BA (2000) in English from Rice University and an MS (2003) in education and social policy from Northwestern University.