Ecuador evaluates increasing oil production to 600,000 bpd in 2025
By: Inspenet, November 24, 2022.
Ecuador is looking to potentially attract foreign investment for the key ITT and Sacha oil blocks in a bid to increase oil production to 600,000 barrels a day by 2025, avoiding a production stagnation, the country’s Energy Minister Fernando Santos said this week. , in a note released by Reuters.