Ecuadorian refineries to be supplied with crude petroleum

Sep 14, 2001 02:00 AM

PetroEcuador informed that Ecuadorian oil refineries will be supplied with more 1.7 mm barrels of crude petroleum over the next year so as to produce clean oil products.
According to the oil company, the amount of crude petroleum that will be refined in the country will increase from 56.9 mm barrels in 2001 to 58.6 mm in 2002, reducing the amount of crude petroleum available for exportation.
PetroEcuador explained that it will be cheaper to produce oil products in Ecuador than importing 1.7 mm refined barrels of oil.

Source: El Universo/SABI via Newspage
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