Exploitation of the Ishpingo oil field, which is located in Yasuní National Park, will start in 2018. The announcement was made by Minister of Hydrocarbons Carlos Perez, who added that only the Ministry of Environment can authorize the drilling of wells in this area.
Ishpingo is part of block 43 or ITT (Ishpingo, Tambococha, and Tiputini). It is located south of the block and is close to the limit of the Yasuni intangible zone, where oil intervention is restricted, although its exploitation program was modified.
The Ministry of Hydrocarbons decided to eliminate one of the 10 Ishpingo platforms, denominated J. This one was 6 kilometers away from the intangible zone. Now the most extreme point of this field reaches location I, 60 km from the intangible zone. This decision was taken not to generate controversy due to the proximity with the intangible zone, Perez said.
The change has no major impact on the development of the ITT block. Even if the question of the referendum concerning Yasun is approved. “This project will not be affected,” Perez said. (I)