Assessments

Ecuador will seek to terminate the contracts of two foreign oil firms whose production just about makes up the cuts mandated by the Organization of Petroleum Exporting Countries.

Ecuador: Using OPEC Cuts to Take Over the Energy Sector

Ecuador has announced that it will seek to terminate the contracts of two oil production companies, France's Perenco and Italy's Agip. This will increase Quito's hold over the energy industry and will further isolate Ecuador from international investment.  

ASSESSMENTS

Ecuador: Using OPEC Cuts to Take Over the Energy Sector

Summary

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