Oil Minister Says Ecuador’s Production Recovering

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(Energy Analytics Institute, Piero Stewart, 25.May.2020) — Production from Ecuador’s state oil company PetroAmazonas EP and other private companies operating in the Andean country have reached 90% of levels seen prior to breakages at the SOTE and OCP.

“Soon, we’ll achieve 530,000 barrels per day,” reported PetroAmazonas in a Twitter post, citing statements from Ecuador’s Oil Minister René Ortiz.

Production from PetroAmazonas reached 410,000 barrels per day on 25 May 2020, which represents 92% of its production levels prior to the pipeline incidents.

RELATED STORY: EP PetroEcuador Cuts Import Budget By $191.7mn

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