EDC moves ahead offshore gas production project

Aug 04, 1999 02:00 AM

The Ecuadorian oil company Petroecuador reports that the construction of an offshore platform to the exploitation of gas in the Guayaquil Gulf is under way.
The facility will be operated by EDC in the Amistad field by April 2000, and is tied to a 64 km pipeline up to the port terminal Puerto Bolivar, where Marathon Power is setting up a thermal power plant with capacity for 240 MW to consume 43 mm cfpd of natural gas.
EDC won the area in a tender held by Petroecuador, that is focusing to increase production in its three petroleum refineries La Libertad, Esmeraldas, and Amazonas.

Source: El Comercio Page via Newspage
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