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ECUADOR TO BOOST OIL PRIVATE SECTOR

Por: Tema(s): En: Financial Times 22 oct. 1998, p. 5Resumen: Ecuador's government has announced plans to increase private-sector involvement throughout the country's oil sector, traditionally its biggest export earner, as well as the main source of state revenues. Ecuador's oil sector has been plagued by problems, including the low international price of crude and inadequate transport capacity, which have left private investors wary. Crude exports, which earned US 1.4bn in 1997, have slipped into second place this year with the drop in world oil prices. Investors in new concession contracts will assume all risk and investment costs in exchange for state fixed payments, royalties, or payments per unit of production to the state.
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Analítica de Seriada Analítica de Seriada BIBLIOTECA ECONÓMICA BCE - QUITO RESUM-017039 (Navegar estantería(Abre debajo)) Financial Times. 22 oct. 1998, p. 5 Disponible

Ecuador's government has announced plans to increase private-sector involvement throughout the country's oil sector, traditionally its biggest export earner, as well as the main source of state revenues. Ecuador's oil sector has been plagued by problems, including the low international price of crude and inadequate transport capacity, which have left private investors wary. Crude exports, which earned US 1.4bn in 1997, have slipped into second place this year with the drop in world oil prices. Investors in new concession contracts will assume all risk and investment costs in exchange for state fixed payments, royalties, or payments per unit of production to the state.

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