Protests Lead to Lower Production for Petroecuador
Protests in Ecuador's Orellana province reduced production at state oil company Petroecuador to 172,000b/d since the beginning of the year, the company said in a statement.
The company had lost the equivalent of 54,000 barrels of production equal to US$2.7 million at the time of the statement's publication.
Residents from the Dayuma and Canon de los Monos sectors blocked roads and bridges, thereby preventing workers and technicians from Petroecuador's Petroproduccion subsidiary from accessing the sites.
Petroproduccion re-incorporated 18,000b/d production following agreements reached with the local residents, Petroecuador said in a subsequent statement.
The subsidiary is, however, still suffering from theft of high-voltage cables that provide energy to the wells and occasional destruction to electrical equipment and installations.
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