(Energy Analytics Institute, Piero Stewart and Ian Silverman, 28.Nov.2018) — EP PetroEcuador will open envelopes related to the importation of 3,120,000 barrels plus or minus (+/-) 2% of Premium Diesel on Monday, December 3, 2018 at 12 noon.
Approximately 38 companies qualified for the bidding process and were invited to present their proposals on November 29, 2018, the company announced in an official statement on its website.
The fuel will be exported to Ecuador in 12 shipments of 260,000 barrels (+/-) 2% each. The initial shipment will arrive between December 26-28, 2018. The marker for this product is: ULSD USGCW, according to the statement.
With the imports, EP Petroecuador expects to fulfill fuel demand for Ecuador’s automotive sector through May 2019.