• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Buyers from 30 countries will be at the Macro Business Roundtable
National Court requests red notice from Interpol for María Duarte
The cheapest vehicle in the world could not circulate in Ecuador
Businessman Daniel Noboa announces his candidacy for the Presidency of Ecuador
Lasso: Never again will a president be left in the hands of a conspiratorial Assembly
Colors of the flag of Ecuador shine in Spain and Australia
Guayaquil will have 1,900 more police officers to reinforce security
Bivalent vaccines against covid-19 will arrive in Ecuador in June
Did you know that deaths from hypertension in Ecuador rose 51% in four years?
Puerto Bolívar obtains a credit of USD 150 million from the United States

The Government will exploit more fields in Yasuni

Posted On 02 Jun 2017

Ecuadornews:

 

 

The decision was already taken. The government of Lenin Moreno will exploit more oil fields in the Yasuní natural park. This year, according to the authorities, the work of the first phase will begin in Tambococha.
So far, the public oil company Petroamazonas and the Chinese company Sinopec worked in the Tiputini field, leaving Tambococha and Ishpingo out of the extraction works. The three fields are part of the area known as ITT block 43.

 

Carlos Larrea, a professor at the Andean University and former director of the technical team of the Yasuní-ITT initiative that fought to protect this nature reserve, considers that this is not the best time to expand works. He estimates that oil prices make it clear that the idea is not financially positive.

What worries him most, nevertheless, is that there are serious environmental concerns. Larrea told this newspaper that there is evidence that the exploitation conditions established by the Legislature and the Ministry of the Environment are not complied by the Chinese company.

The Yasunidos group agrees with Larrea. That’s why its members began a series of dialogues with the presidential hopefuls, during the campaign, to raise those doubts. Moreno did not attend the invitation of the group (I).

Source: http://www.expreso.ec/economia/el-gobierno-explotara-mas-campos-en-el-itt-KI1381815

About the Author
  • google-share
Previous Story

Carlos Perez: “We learned that oil prices are not fixed”

Next Story

6.2 M earthquake recorded in the border with Peru

SEARCH

LATEST NEWS

Buyers from 30 countries will be at the Macro Business Roundtable

Posted On 29 May 2023

National Court requests red notice from Interpol for María Duarte

Posted On 29 May 2023

The cheapest vehicle in the world could not circulate in Ecuador

Posted On 25 May 2023
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net