PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 10.Apr.2025) — EP Petroecuador awarded Shell Western Supply and Trading Limited an export contract for 720,000 barrels of Napo crude oil, with a differential of ($7.47) per barrel.
The tender will bring in revenues of $42mn, EP Petroecuador announced on 10 Apr. 2025 in an official statement.
The sale will be indexed to the international benchmark West Texas Intermediate (WTI), and 2 shipments of 360,000 barrels (+/- 5%) will be made.
