Ecuador

Ecuador_flagg
10.09.2010
   

Petroleum assistance to Ecuador

 

Cooperating institutions
Various ministries in Ecuador PetroEcuador

Goals and objectives
Assist the relevant institutions in their management of the petroleum sector.

Project period
2007–2010

Total budget
Under development

Programme
Seminars, workshops and study visits.

Contact
Oil for Development:
Mr. John Tore Vatnar, jtv@norad.no

 

Country facts

map

Official Name
Republic of Ecuador

Capital
Quito

Chief of state
President Rafael Correa Delgado

Head of Government
President Rafael Correa Delgado

Population
14 573 101 (2009 est.)

Petroleum sector, key figures
Average oil production: 0.51 mill bbl/day (2008)
Annual gas production: 0.26 bill m3 (2008 est.)

Organization of the sector
Ministry of Nonrenewable Natural Resources

 

Brief history of the project


Ecuador is the fourth largest petroleum producer in Latin America and has a long history of exploration and production. Petroleum-related cooperation started in November 2007 based on a request from Ecuador.

The Norwegian Minister of the Environment and International Development, Mr. Erik Solheim, visited Ecuador in November 2007.

Ecuador has developed a concept for an international fund created to keep the Yasuni area closed to oil exploration. Norway’s position on that proposal is dealt with outside of the OfD framework.

 

Activities in 2009


A workshop was organized in Quito, including all three integrated thematic areas (resource, revenue and environmental management). Issues discussed included: impact assessments and mitigating actions; Health, Safety and Environment (HSE) systems and government supervision; improved extraction strategies; petroleum sector impact on society; corruption prevention; systems for government take and petroleum taxation. A study trip to Norway was organized and included visiting relevant Norwegian government institutions.

One person from Ecuadorian civil society participated in Petrad’s eightweek programme on Petroleum Policy and Resource Management.

 

Key achievements in 2009


Ecuador is in the process of reorganizing the petroleum sector, including the responsibilities of the ministries. The workshop conducted in Ecuador and the study trip to Norway were potentially valuable as inputs to that process.