Ecuador Awards 3,960,000 bbls to Shell (Oriente) and Unipec (Napo)

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 24.Jan.2025) — EP PetroEcuador expects to export 3,960,000 barrels (bbls) of crude oil in Feb. 2025, which will generate estimated revenues of $251mn.

This as EP PetroEcuador awarded the sale of 1,800,000 bbls of Oriente crude to Shell Western Supply and Trading Limited, and another 2,160,000 bbls of Napo crude to Unipec America Inc.