Ecuadorian oil company declares force majeure before national strike | News


The state oil company Petroecuador declared this Saturday force majeure in exploration, exploitation, transportation, industrialization and trade operations after the sixth day of indefinite national strike.


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The oil company said in a statement that “it was decided to qualify as a fortuitous event or force majeure, as appropriate, in the operations of the exploration, exploitation, transportation, industrialization and national and international trade phases of EP Petroecuador at the national level.”

In this sense, the company pointed out that operations have been affected by blockades, obstruction to vehicular movement, damage to public property and the closure of roads to platforms and wells.

At the same time, it was added that: “Given the current scenario of conflict and the constant stalking and intimidation of taking over wells through acts of violence, the safety of workers, infrastructure and oil production are at risk, so merits incorporating new prevention and protection measures”.

In turn, Petroecuador pointed out that the losses reported between June 13 and 17 are estimated at 27,700 barrels of oil, as well as the stoppage of the activities of seven workover and drilling towers.

The decision of the oil company was carried out through Resolution No.Petro-PGG-2022-0122-RSL, which is based on Article 313, 314 and 315 of the Ecuadorian Magna Carta.

In addition, the declaration is executed after the imposition this Friday of the state of emergency by President Guillermo Lasso to the provinces of Pichincha, Imbabura and Cotopaxi for a period of three months.

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