Arab Today, arab today peru ecuador sign oil deals
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

Peru, Ecuador sign oil deals

Arab Today, arab today

Arab Today, arab today Peru, Ecuador sign oil deals

Quito - SPA

A deal that would link oil pipelines traversing Peru and Ecuador serves as an example of energy integration in the Amazon basin, UPI quoted an official as saying. More than a decade after the countries signed a peace deal ending more than 100 years of border wars, the governments of Peru and Ecuador signed an agreement to look for oil in Ecuador, reports Bloomberg News. Oil reserves in Ecuador were estimated at 6.5 billion barrels as of January 2011, the U.S. Energy Information Administration said. As a member of the Organization of Petroleum Exporting Countries, net oil exports are estimated at 285,000 barrels per day. Peruvian oil reserves in 2011 were estimated at 533 million barrels. State-owned oil companies from each country aim to bid for oil concessions in Ecuador in October. Ecuador Natural Resources Minister Wilson Pastor said both sides agreed to work on a $300 million project to connect Ecuador\'s oil deposits to Peruvian ports. \"We intend to make the Amazon basin\'s oil infrastructure an example of energy integration,\" Pastor was quoted as saying. It will take at about three years for the completion of integration.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today peru ecuador sign oil deals Arab Today, arab today peru ecuador sign oil deals

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today peru ecuador sign oil deals Arab Today, arab today peru ecuador sign oil deals

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday