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Ecuador will exploit oil in the Tiputini field, in the Yasuni ITT block, from July

  Ecuador will exploit oil from July in the Tiputini field, part of the ITT block which is mostly located within the Yasuní Amazonian park, said Thursday the Ministry of Hydrocarbons.   According to a statement, Minister of Hydrocarbons Jose Icaza Romero, he visited Block 43...
Posted On 20 May 2016
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Biodiversity Commission will visit the Yasuni ITT fields

As part of a follow-up to the Declaration of National Interest of the process of oil exploitation of the block 43 or ITT fields (Ishpingo, Tambococha and Tiputini), located in the Yasuni National Park, the assembly forming the Biodiversity Committee of the Assembly, will visit...
Posted On 15 May 2014
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First exploitation reports on the Yasuni ITT

Parallel to the conflict between YASunidos and the National Electoral Council, for six months the ministries of Non-Renewable Natural Resources, of Environment, of Justice and of Strategic Sectors have already been working the fields that make up the ITT or Block 43: Ishpingo,...
Posted On 09 May 2014
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Government cancels the Yasuní ITT initiative

The waiting for the future of the Yasuní ITT initiative ended once the President of Ecuador, Rafael Correa, announced yesterday at a national broadcast transmitted by radio and television that the project was closed, since “the world failed to contribute to the...
Posted On 16 Aug 2013
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Today will be decided the continuity of the Yasuní ITT initiative

President Rafael Correa announced yesterday, through his Twitter account, that today at a meeting in the Vice Presidency of the Republic, he will take a final decision about the Yasuní-ITT initiative. A week ago Ivonne Baki, Chief negotiator of the Yasuni, admitted that the...
Posted On 13 Aug 2013
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Electric cars in the country to support the Yasuni ITT initiative

Yesterday,  an official source reported that the Ecuadorian Government together with the automotive company  Nissan will manage to find  mechanisms to introduce electric cars in Quito, and thus allocate a percentage of their sale to this environmental project, which seeks to...
Posted On 12 Jul 2013
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Ivonne Baki informed to the Assembly about the Yasuní ITT initiative

Yesterday, the project manager appeared before the Committee on biodiversity of the Assembly to reaffirm that the priority of the President of Ecuador, Rafael Correa, is to preserve the underground oil that lies in that area of the Amazon. Baki said that the international trust...
Posted On 11 Jul 2013
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One more month for the Yasuni ITT initiative

The Government set the deadline for the evaluation on the exploitation of the Ishpingo, Tambococha and Tiputini (ITT) oil fields a month from today, after a meeting which took place at Carondelet between representatives of the initiative and authorities of the oil sector. The...
Posted On 02 Jul 2013
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Nothing is solved yet regarding the Yasuni ITT initiative

This Wednesday marks six years since President Rafael Correa unveiled the Yasuni ITT initiative and untill today the idea is not ready, since the initiative only has raised $7.86 million, which is way below the objective, with a gap of $3 billion. According to Alberto Acosta,...
Posted On 03 Jun 2013
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Correa will decide if Ecuador will keep the Yasuni ITT project

Yesterday, the President of Ecuador, Rafael Correa, said that between the end of June and the beginning of July  he will decide if  the Yasuní ITT project will continue, in order  to leave the oil in a part of the Amazon land or if they shall  proceed to “a responsible...
Posted On 31 May 2013
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