1990s bright for post-OPEC Ecuador
Ecuador, in its first full year outside the fold of the Organization of Petroleum Exporting Countries, stands poised for a significant expansion of production in the 1990s. While preparing for Ecuador's eventual withdrawal from OPEC last fall, the government since early summer 1992 has moved quickly to approve a number of key development projects. It was, perhaps, no coincidence that the most important conference on Ecuadorian petroleum prospects in recent years was timed to coincide with the government's public confirmation of the pullout. All foreign companies operating in Ecuador attended, with details disclosed of projects planned or under way. This article summarizes these projects and other key issues raised at the conference.
- OSTI ID:
- 6452685
- Journal Information:
- Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 91:9; ISSN OIGJAV; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
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020700* -- Petroleum-- Economics
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