(Piero Stewart, Energy Analytics Institute, 10.Jul.2020) — Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MERNNR) together with state controlled EP PetroEcuador plan to define the contractual mechanism for a private investor to contribute, at their own risk and expense, to the improvement of the supply and quality of fuels produced at the Esmeraldas refinery.
Executive Decree No. 1094, signed 10 July 2020 by Ecuador’s President Lenín Moreno, exceptionally authorizes joint management between EP PetroEcuador for the operation of the Esmeraldas refinery, MERNNR announced 10 July 2020 in an official statement.
