NRGBriefs: Ecuador’s Oil Production Around 91 Mb/d

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(Energy Analytics Institute, 27.Dec.2021) — Energy briefs including Ecuador’s crude oil production reaching around 91,480 b/d this week; APA Corp. revealing ratification of a modernized PSC in Egypt; and more.

LATIN AMERICA AND THE CARIBBEAN

Ecuador

— Ecuador’s oil production was just 91,480 b/d on 27 Dec. 2021, according to most recent report published by the Ministry of Energy and Non-Renewable Natural Resources (MENRNR). Oil production has been impacted in the past two weeks by the closure of the country’s OCP and SOTE pipelines due to soil erosion issues that jeopardized operations and forced EP PetroEcuador and numerous private cos. to reduce oil production due to transport limitations.

EUROPE

Bermuda

Höegh LNG Holdings Ltd. revealed on 27 Dec. 2021 in an official stmt that Höegh LNG Partners LP completed the refinancing of the commercial tranche of the PGN FSRU Lampung debt facility and the refinancing of the Neptune debt facility.

AFRICA

Egypt

APA Corp. revealed ratification of a modernized production sharing contract (PSC) in Egypt. Details regarding APA’s production growth profile and updated guidance regarding Egypt can be found here.

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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.

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