• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25
Legislators denounce pressure and threats to vote for the removal of the President of the Republic, Guillermo Lasso
Conaie agrees to meet with representatives of all State powers
Ecuador’s oil production falls 51% due to national strike
Guillermo Lasso announces that the National Police and the Armed Forces will act with the necessary means to defend public order and democracy
“Cacerolazo” for Peace in Quito
Contecon will extend the free storage time by 40%, in support of the export sector affected by strikes

French oil company asks Correa to intervene in debt

Posted On 24 Mar 2017

French oil company, Schlumberger, warned President Rafael Correa about the “financial stress” that he is overgoing because of lack of payment. Schlumberger, through a contract with Petroamazonas, is in charge of the production of the Shushufindi and Auca fields.

The debt the government maintains with the oil company of $1100 million dollars, “has generated an increase in additional external loans to finance their projects” explained the oil company`s president, Paal Kibsgaard, on March 14th.

Since there is no agreement with the hydrocarbon and financial authorities, Schlumberger`s manager asks the Ecuadorian President his personal intervention “to block this situation”.

About the Author
  • google-share
Previous Story

Candidate Lenin Moreno demands Odebrecht the bribed list

Next Story

Lasso says he sent a report on the country’s electoral situation to the OAS Secretary

SEARCH

LATEST NEWS

Ecuador asks Mexico for a response on bananas and shrimp

Posted On 29 Jun 2022

Losses in the non-oil export sector amount to $85 million in 16 days of strike

Posted On 29 Jun 2022

The Government withdraws from the dialogue table after the death of a soldier

Posted On 28 Jun 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net