EP PetroEcuador Cuts Import Budget By $191.7mn

(Energy Analytics Institute, Piero Stewart, 5.May.2020) — EP PetroEcuador reprogrammed its imports of high-octane naphtha ron 93, naphtha ron 80, premium diesel, cutter stock and diesel oil.

“Derivatives imports have been rescheduled for May and June of this year, so we will have a $191.7 million reduction in the annual budget,” EP PetroEcuador General Manager Pablo Flores said 5 May 2020 in an official statement.

Currently, EP PetroEcuador has 2.5 million barrels of clean products stored at its terminals and refineries, sufficient to cover the gradual recovery in national demand, said Flores.

The amounts currently include: 850,000 barrels of Premium Diesel, 114,000 barrels of diesel, 2,419,159 barrels of naphtha ron 80 and 1,400,000 barrels of ron 93.

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