President Lenin Moreno held a meeting yesterday with the delegates of the largest oil companies and operators working in the country: Halliburton, Repsol, Petrosud Consortium – Petroriva and Baker Hughes. One of the aims of the government was to encourage these corporations to continue trusting and investing in the country.
At the meeting, the president asked for the collaboration to extradite the person responsible for the largest corruption network in the oil sector: Carlos Pareja Yannuzzelli, aka Capaya. Otherwise, “the US is becoming a haven for people bearing some accusation.”
After the meetings, Minister of Hydrocarbons Carlos Perez said that the companies showed the willingness to continue working in the country because the Government has opened the doors to them, since “there is the intentionality to fulfill 100% with the agreements and contracts in an equitably way for the parties.”
Schlumberger and Termipetrol are the companies with which rates are currently being renegotiated. Perez said that this generates savings of $ 1 billion for the country in the negotiation of a 15-year contract. (I)