Home Ecuador OilMin: Ecuador oil output could fall by one-third amid protests

Ecuador OilMin: Ecuador oil output could fall by one-third amid protests

Updated: 9 Oct. 2019 | 08:32

Energy Ministry of Ecuador, one of the OPEC’s oil producer, released a statement late-Tuesday, citing that its state-run oil company Petroamazonas estimates it could lose some 165,000 barrels-per-day (bpd), or one-third, of crude production due to “insecure conditions” in oilfields as anti-austerity protests convulse the Andean nation, per Reuters.

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