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Ecuador has to pay $ 96.3 million to Chevron until July 20
Posted On 06 Jul 2016
Ecuador seeks a payment agreement to pay $ 96.3 million to Chevron and comply with a court ruling that imposed this penalty after a lawsuit filed by the oil giant, reported Tuesday Finance Minister Fausto Herrera.
In a press conference he said: “we are working with the attorney general´s office … in conjunction and to reach a payment agreement with Chevron.”
He also said “they gave us a deadline, July 20, and we have to make a proposal together with the attorney general´s office to find a way to fulfill it.”
At the same press conference President Rafael Correa added: “I have just been informed that they gave us until July 20 to pay that, we’ll see the actions to take.”
