Ecuador Resumes Oil Sales to Peru Under Deals Worth $1.65 Billion
Petroecuador said the contracts will supply Peru’s Talara refinery and could bring in $1.652 billion at current West Texas Intermediate prices.
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Ecuadorean oil will supply the Talara Refinery and the award between Petroecuador and Petroperú resumes after four years.
The state oil company Petroecuador reported that it awarded two contracts to the Peruvian Petroperú to export 16.2 million barrels of East crude oil, with estimated revenues of about 1,650 million dollars for Ecuador based on the current prices of the WTI marker.
Quito, Oct 20 (Latin Press) The state Petroecuador today reported that it will export 16.2 million barrels of oil to Peru through two contracts awarded to Petroperú, with an estimated revenue of one thousand 652 million dollars for the Ecuadorian State. The post Ecuador will sell oil to Peru for one thousand 652 million dollars first appeared on Noticias Prensa Latina.
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