Alexandra Valencia

Ecuador's president wants to untie oil output from debt on China visit

Jan 25 2022

QUITO Ecuador's President Guillermo Lasso said on Tuesday he will seek to disconnect the handover of crude from outstanding debt to China during a visit to the Asian country next month, part of his plan to renegotiate some $4.1 billion in debt.

Ecuador gov't to mount tender for $3 bln hydroelectric project

Jan 21 2022

QUITO, Jan 21 Ecuador's government said on Friday it was working to set up a private sector tender for the construction, financing and operation of a $3 billion hydroelectric project, which would be the South American nation's largest.

Ecuador indigenous demand rights to consent on extractive projects

Jan 18 2022

QUITO Indigenous communities in Ecuador on Tuesday presented hundreds of thousands of signatures to the country's top court to demand their right to make final decisions on use of ancestral lands they say are threatened by expansion of extractive projects.

Ecuador to ask citizens to vote on justice reform -president

Jan 18 2022

QUITO Ecuador will ask its citizens to vote in a 2023 consultation to reform its justice system, President Guillermo Lasso said on Tuesday, amid accusations that decisions by judges are holding back efforts to fight crime.

Ecuador expands protected marine area around Galapagos Islands

Jan 14 2022

SANTA CRUZ, Ecuador Ecuador on Friday created a new marine reserve around its pristine Galapagos Islands -- whose rich biodiversity inspired Charles Darwin's Theory of Evolution -- as it seeks to expand protections for endangered migratory species.

Ecuador's Lasso to visit China in February for debt negotiations

Jan 10 2022

QUITO Ecuador's President Guillermo Lasso will travel to China at the start of February to renegotiate terms of the South American country's debt to Beijing, Foreign Minister Juan Carlos Holguin said on Monday.

Ecuador state-owned oil pipeline restarts pumping operations

Dec 31 2021

QUITO, Dec 31 Ecuador's state-owned SOTE oil pipeline has restarted pumping after works to address erosion in the country's Amazon region were completed, the energy ministry said on Friday, adding that operations in oil fields will restart in around 10 days.

Ecuador private-sector oil pipeline to restart operations on Dec. 31 -operator

Dec 29 2021

QUITO Ecuador's heavy-crude oil pipeline will restart pumping on Dec. 31 following maintenance to solve issues caused by erosion in the country's Amazon region, while exports of Napo crude will begin on Jan. 3, crude transport company OCP Ecuador said on Wednesday.

Ecuador will gradually lower tax on international transfers -Lasso

Dec 21 2021

QUITO Ecuadorian President Guillermo Lasso said on Tuesday the government will from January gradually reduce a tax levied on international transfers, which he said negatively affects efforts to attract foreign investors.

Ecuador commission to investigate prison violence-president

Dec 16 2021

QUITO Ecuadorean President Guillermo Lasso on Thursday announced an expert commission to investigate and help end prison violence that has killed more than 300 people incarcerated in the country this year.

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