Petroecuador Exportations Increase by 13,4% in October

REUTERS

According to REUTERS, the oil exportations of Petroecuador have increased by 13,4% in October, and their income has also increased aroun 22,7% due to the recovery of the prices of the different types of oil in Ecuador.

In contrast with the $440 million the reported in october last year, the company has reported an estimate of $540 million on the oil sales of Crudo Oriente and Napo. The company announced on Thursday that their sales have increased on 230,948 bpd in the same month, which is more than the 203,669 bpd they had on October, 2009.

During this period, Crudo Oriente was sold at $76,1 and Crudo Napo at $73,1. Exactly one year ago, the price was $70,4 and $67,6 respectively.

It is expected that Petroecuador exports around 125,6 million barrels.