Recently Released Market Study: Ecuador Oil & Gas Report Q3 2013
President Rafael Correa's recent re-election will weigh on the energy sector over the next four years, as he uses oil revenue to finance his social spending-heavy political agenda. Our forecasts suggest that Ecuador's oil production will peak in 2015 and begin a steady downward trend through the end of our forecast period. Similarly, natural gas production is forecast to peak in 2016, and decline through 2021. As such, the sector is in need of increased foreign investment, but its negative...
View full press release