Ecuador inks 2 tenders to export 4,680,000 bbls in Mar. 2025

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 1.Mar.2025) — EP PetroEcuador expects to export 4,680,000 barrels of crude oil in Mar. 2025, which will generate estimated revenues of $310mn.

To this end, on 21 Feb. 2025, PetroEcuador awarded a tender to Shell Western Supply and Trading Limited for 1,800,000 bbls of Oriente oil and another to Trafigura PTE LTD for 2,880,000 bbls, the Ecuadorian company announced 1 Mar. 2025 in an official statement.