Ecuador Oil And Gas Profile
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Ecuador News
Introduction
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History
- 1989 - Special Act No. 45, establishing the State Petroleum Company Petroecuador
Regulation
- On September 26, 1989 by Special Act No. 45, establishing the State Petroleum Company Petroecuador of Ecuador was created under a system of associated companies or holding company formed by a matrix and six subsidiaries:
Upstream
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Active Companies
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Crude Oils
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Midstream
- The largest pipeline in the country is the Sote Oil Pipeline otherwise known as the Trans-Ecuadorian Oil Pipeline, which transports oil from the the Amazon region to the Esmeraldas Refinery and to the OCP Marine Terminal for export
LNG
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Downstream
- There are three refineries in Ecuador, the largest and most complex is Esmeraldas Refinery with 110,000 bpd capacity, whilst La Libertad Refinery is much smaller and simple and finally Amazonas Shushufindi Refinery is a small topping refinery but is being expanded and upgraded: See Amazonas Shushufindi Refinery Expansion Project
- Petroecuador and PDVSA also plan to construct a large greenfield refinery, The Pacific Refinery with 300,000 bpd capacity
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page revision: 5, last edited: 09 May 2012 05:55
