EL TIEMPO – Chile's Petrolera ENAP to invest 65.2 million dollars in Ecuador



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Chile's ENAP oil company will invest 65.2 million dollars in Ecuador, extracting 10.3 million barrels of oil, until 2034, the Ministry of Hydrocarbons

reported Friday after having modified a contract services procurement signed in 2010, ENAP and the Ministry agreed "an additional investment of $ 65.2 million for the drilling of 10 wells, which will enable the development of About 10.3 million barrels of oil up to 2034, "points out

The Chilean company extracts some 18,000 barrels of crude oil a day and estimates for 2018 an investment of 50 million barrels of oil. dollars.

The company operates three blocks in Ecuador, including one in consortium with the state. Petroamazonas and Belarusian oil company Belorusfnet. The Director General of ENAP, Diego Díaz, thanked the Ecuadorian government for providing legal stability and guarantees for the investment to arrive. (I)

CIFRA
65.2
Million dollars will invest the ENAP in Ecuador to extract oil.

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