Petroecuador receives the visit of a delegation from the Development Bank of China
This press release from Petroecuador was published using an automatic translation system.
The General Manager of EP Petroecuador, Eng. Carlos Tejada, together with the Manager of International Trade, Ing. Mauricio Samaniego, received a high level delegation of authorities from the Development Bank of China and the company PetroChina International America., Inc .
In his speech, the General Manager spoke about the short and long-term oil marketing policies that are based on the renegotiation of the contracts currently held with Asian companies, in the increase in crude production and direct sales in the Spot market.
In addition, he pointed out that EP Petroecuador is currently developing seven important projects related to the growth of the Public Company in its strategic business vision, which aims to support the country's economy through private investment, under the BOT (Build, Operate & Transfer) scheme. ) which consists of building, operating and transferring.
For this purpose, he indicated that currently the public oil company has implemented a Data Room with the information of the projects of interest in order for interested companies to access and participate in upcoming bids.
At the meeting, the General Director of the Global Cooperation Department-Americas & Africa, CBD, Mr. Jin Tao, emphasized the interest in extending cooperation financing between the People's Republic of China and the countries of Latin America that generate mutual gain. And in a particular way, he indicated that EP Petroecuador is a stable company, with a great operational response.
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News in: Oil & Gas (Ecuador)
In 2023, EP FLOPEC transported more than 181 million barrels of hydrocarbons to and from Ecuador.
“ At the end of 2023, exports and imports of hydrocarbons transported by the Ecuadorian Fleet Oil Company exceeded 181 million barrels.”
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