{"id":3883,"date":"2022-01-07T11:34:42","date_gmt":"2022-01-07T15:34:42","guid":{"rendered":"https:\/\/energiesnet.com\/espanol\/?p=3883"},"modified":"2022-01-07T11:39:03","modified_gmt":"2022-01-07T15:39:03","slug":"ecuador-resumes-oil-exports-from-amazon-as-fields-resume-pumping","status":"publish","type":"post","link":"https:\/\/energiesnet.com\/espanol\/ecuador-resumes-oil-exports-from-amazon-as-fields-resume-pumping\/","title":{"rendered":"Stephan Kueffner\/Bloomberg -Ecuador Resumes Oil Exports From Amazon as Fields Resume Pumping"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/energiesnet.com\/espanol\/wp-content\/uploads\/2022\/01\/ecuador_oil_production_map_600.jpg\" alt=\"\" class=\"wp-image-3884\" srcset=\"https:\/\/energiesnet.com\/espanol\/wp-content\/uploads\/2022\/01\/ecuador_oil_production_map_600.jpg 600w, https:\/\/energiesnet.com\/espanol\/wp-content\/uploads\/2022\/01\/ecuador_oil_production_map_600-300x200.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><figcaption>Ecuador resumes oil operations \/ Credit: OCP Operations<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">-Force majeure on all oil contracts ends after 25 days<br>-Economic blow from production shortfall seen at $533 million<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By Stephan Kueffner\/Bloomberg<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">QUITO<br>EnergiesNet.com 01 07 2022<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ecuador lifted a three-week force majeure on all oil contracts as the country\u2019s two pipelines that transport crude across the Andes resumed operations following a flare-up in riverbed erosion, allowing Amazon territory fields to restart production.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ecuador\u2019s output has&nbsp;<a href=\"https:\/\/www.bloomberg.com\/news\/terminal\/R57FIHT0G1KW\" target=\"_blank\" rel=\"noreferrer noopener\">risen<\/a>&nbsp;to almost 435,000 barrels a day since the Trans-Ecuadorian Oil Pipeline System &#8212; owned by state-run&nbsp;<a href=\"https:\/\/www.bloomberg.com\/quote\/1001Z:ED\">Petroecuador<\/a>&nbsp;&#8212; and the privately-held Heavy Crude Pipeline went back online ahead of the New Year. Rescheduled exports of Oriente and Napo crude are to resume shortly, the Energy Ministry said in a statement late Wednesday. The government estimates a short-term income loss of $533 million from the incident.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">River erosion near critical pipeline infrastructure has accelerated since the Coca-Codo Sinclair hydro-electric power plant, Ecuador\u2019s biggest, was inaugurated in late 2016. A landslide along the river in April 2020 severed both pipelines, triggering spills.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With the pipelines forced offline to once again build bypasses, fields had to shut down as storage tanks filled up. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ecuador\u2019s third force majeure on oil contracts since the two pipelines snapped in 2020 dealt a blow to President Guillermo Lasso, who aims to overcome years of stagnant production in the former OPEC member and more than double output to near 1 million barrels a day. &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The clause, which is invoked to remove liability from failing to honor contracts in the event of disasters, went into effect on Dec. 12.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">International agencies, including the U.S. Army Corps of Engineers, are working to help Ecuador find a solution to the damage from the aggressive erosion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>By Stephan Kueffner from Bloomberg <br><a href=\"https:\/\/www.bloomberg.com\/\">bloomberg.com<\/a> 01 07 2022<\/p>\n","protected":false},"excerpt":{"rendered":"<p>-Force majeure on all oil contracts ends after 25 days-Economic blow from production shortfall seen at $533 million By Stephan Kueffner\/Bloomberg QUITOEnergiesNet.com 01 07 2022 Ecuador lifted a three-week force majeure on all oil contracts as the country\u2019s two pipelines that transport crude across the Andes resumed operations following a flare-up in riverbed erosion, allowing &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/energiesnet.com\/espanol\/ecuador-resumes-oil-exports-from-amazon-as-fields-resume-pumping\/\"> <span class=\"screen-reader-text\">Stephan Kueffner\/Bloomberg -Ecuador Resumes Oil Exports From Amazon as Fields Resume Pumping<\/span> Leer m\u00e1s &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":3884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-3883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/posts\/3883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/comments?post=3883"}],"version-history":[{"count":0,"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/posts\/3883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/media\/3884"}],"wp:attachment":[{"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/media?parent=3883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/categories?post=3883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/energiesnet.com\/espanol\/wp-json\/wp\/v2\/tags?post=3883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}