By MERCEDES ALVARO
QUITO -- The General Manager of Petroecuador, Marco
Calvopina, confirmed the company has declared force majeure on
Mr. Calvopina said Petroecuador expects to resume pumping
its Sote pipeline. The pipeline was halted due to a rupture in
A company executive told Dow Jones Newswires that the work
could take three more days to be completed.
Petroecuador will send a shipment of 360,000 bbl of oil to
PetroChina with oil that the Ecuadorian company has in stock.
Another shipment of 720,000 bbl for PetroChina will also be
In a press conference, Mr. Calvopina said that four other
oil shipments of 360,000 bbl each could be rescheduled.
Mr. Calvopina also said there is enough crude in stock for
Mr. Calvopina said that 120,000 bbl of crude from
Petroecuador is being pumped through the private Oleoducto de
Crudos Pesados pipeline.
The Sote pipeline stopped pumping due to a landslide near
the Reventador Volcano. Mr. Calvopina said that more than
10,000 bbl of crude have been spilt.
The 503 km, 360,000 bpd Sote pipeline transports crude from
main oil producing areas in the Amazon to an oil export
terminal in Balao, located in Ecuador's Esmeraldas province on
the Pacific coast.
Dow Jones Newswires