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Ecuador works to normalize gas production

Petroecuador
Quito, Jul 9 (Prensa Latina) The state-owned company Petroecuador assured today that it is working to normalize gas production in the Sierra region, after recovering the availability of crude oil following the end of popular protests.

The enterprise affirmed that it has lifted the declaration of force majeure and the short-term objective is to increase production and complete the bidding of 100 oil wells.

With this goal, the day before, the company announced the beginning of the recovery by reaching 390,000 barrels per day.

According to Italo Cedeño, manager of Petroecuador, the new figures could lead to the normalization of gas distribution starting this weekend in the provinces of Sierra, where there is a shortage of this product.

According to the official, since the beginning of this month they were able to increase the capacity to almost 100 percent, after the closing of several plants in the context of the national strike carried out by social sectors from June 13 to 30.

The balance sheet released indicated that the losses during the 18 days of marches were around US$500 million.

mh/oda/scm

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