Ecuador Oil Minister: Force Majeure Ends, Oil Production Resumes

Ecuador Oil Minister Galo Chiriboga announced March 3 that the country has ended the force majeure on oil exports and resumed production.

Chiriboga made the announcement to reporters after arriving at the meeting of the Organization of Petroleum Exporting Countries in Vienna, Austria.

Oil exports were suspended due to the possibility of "unavoidable external events" on Feb. 29 after a main oil pipeline was ruptured by a landslide last week.

Chiriboga told reporters in Vienna "It is over. We are operating without any complications…The pipeline has been repaired. It began to operate this morning normally," and output has resumed at 510,000 bbl/d.

We want to hear from you. Questions, opinions and suggestions are all welcomed by the Rigzone Staff. Write us at .


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
United States Duncan Mfg: Material Coordinator I - Material Coordinator III
Expertise: Materials Management
Location: Duncan, OK
United States Duncan Mfg: Material Handler - Material Handler II
Expertise: Materials Management
Location: Duncan, OK
United States Duncan MFG: Entry Level Elect/Mechanical Technician - Sr. Ele
Expertise: Mechanical Technician
Location: Duncan, OK
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours