Contract ensured Petrochina crude for 5 years, until 2016
Posted On 08 Jun 2016
In June 2011, Petroecuador signed a new contract for the sale of oil, the fourth with Petrochina International, in which crude was committed until December 2016. In addition, additional five lots per month from January 2017, in case the Pacific Refinery was not ready.
Daily El Universo had access to contract 2011-203 signed in Beijing on June 24 2011 by Nilsen Arias Sandoval, assistant manager of International Trade of EP Petroecuador, and Zhao Yong, vice president of PetroChina International Company Limited.
That newspaper sent a letter, on April 29, asking for an interview with the manager of Petroecuador Pedro Merizalde Pavon, to talk about the contracts with PetroChina, but so far there has been no response.