Chevron's Views
And Opinions On
The Ecuador Lawsuit.

8/18/09 – China advances $1 billion to Ecuador for two-year oil supply news

Date: Aug 19, 2009

[archive-title]“China advances $1 billion to Ecuador for two-year oil supply news
domain-b.com, August 18, 2009
[/archive-title]
“China is making a forward payment of $1 billion to OPEC member Ecuador for a two-year oil supply deal and to provide the Andean nation with a $1-billion loan to overcome its liquidity crisis. In order to secure long-term access to oil, China will make an advance payment of $1 billion to Ecuador for 69 million barrels of oil over the next two years.”
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