World
 
|
Ecuador Petroecuador's oil output show 11% decline
Petroleumworld
QUITO
Petroleumworld.com 09 13 06
Ecuador's oil company Petroecuador crude output, has decline 11% to around 179,600 b/d from some 200,000 barrels a day, in recent weeks, due to a series of local resident protests, vandalism against oil production infrastructure and administrative problems, according to a Dow Jones news story.Resident pressure in the Amazonian provinces of Orellana and Sucumbios, where they are demanding funds for public works, and to the clean up of oil spills plus more local jobs for them are the main issue the company has to deal with if if they want to stop the downward production trend.
Sucumbios' residents have seized two production stations, forcing the closure of eight wells in the Libertador oil field, which normally produces some 52,000 b/d. In Orellana, meanwhile, locals have blocked roads, impeding Petroecuador teams and equipment access to fields.
Locals in the two provinces warn that they will "progressively" escalate their actions until their demands are met.
Attacks on pipelines last week are also preventing from a production rise.
Petroleumworld 12 09 06
Copyright ©2006 Petroleumworld. All Rights Reserved.
Your
feedback is important to us!
We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com
Any
question or suggestions, please write to:
editor@petroleumworld.com
Best
Viewed with IE
5.01+
Windows
NT 4.0, '95, '98 and ME +/ 800x600 pixels