EP Petroecuador awards tender for 8.6 MMbbls of Oriente crude to Unipec and Petrochina

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.Aug.2025, Words: 150) — EP Petroecuador awarded the export of 8.6 million barrels (MMbbls) of Oriente crude oil through 3 international tenders to the state-owned companies Unipec América Inc. (-$3.70/bbl) and (-$3.05/bbl) and Petrochina International Co. Ltd. (-$3.62/bbl, which emerged as winners by offering the best differentials.

The estimated revenues for EP Petroecuador are approximately $478.1mn.