Connect with us

Hi, what are you looking for?

Ecuador Political News

The 45 Petroecuador gas stations will return to private hands after 8 years of declaration of public utility

Forty-five gas stations owned by Petroecuador (which are located especially in border provinces) will return to private hands, after eight years ago, in the government of Rafael Correa, it was decided to declare them of public utility and buy them, at reasonable prices, from their private owners. Is that the immediate sale of the Petroecuador gas stations is part of the hydrocarbon policy that was announced yesterday by the government of Guillermo Lasso.

On Wednesday, within the presentation of the country’s new hydrocarbon policy, it was announced that the sale of all the service stations of the Public Hydrocarbons Company of Ecuador will begin “as a priority and immediately, and review the existing distribution contracts in order to to determine its completion “.

In front of the announcement, yesterday it was known that a group of the ex-owners of these gas stations could be interested in reacquire them.

To read the full story on El Universo, click here.



#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon.
The @WSJ sums this case up nicely, “[Steven Donziger] and his team fabricated evidence, promised $500,000 to an #Ecuadorean judge to rule in their favor, ghostwrote much of the final verdict and took other actions that ‘perverted’ the course of #justice. Mr. Donziger disputes the…
Shameless. Disbarred and convicted of criminal contempt of court for bribing an Ecuadorian judge in an attempted extortion scheme, @SDonziger is nonetheless accepting invitations to speak at #climate rallies. Read more about this adjudicated racketeer:
Sworn testimony: While Texaco met its environmental obligations in the Amazon, #Ecuador’s national oil company did “absolutely nothing” to address its own remediation in the area. #FactsMatter:
DENIED: @SCOTUS rejects hearing case of Steven Donziger, who bribed Ecuadorian judge in failed effort to bilk Chevron for billions of dollars.

You May Also Like

Chevron Ecuador Blog Posts

1. Steven Donziger Is an Adjudicated Racketeer. The U.S. District...

News & Updates

Steven Donziger is the best example of how a handful...

News & Updates

Disbarred lawyer Steven Donziger likes to present himself to the...

Chevron Ecuador Lawsuit News

A lawsuit against oil companies reflects progressive attempts to criminalize...