Petroecuador announced that the export balance for this 2023 will amount to 111.48 million barrels of oil, of which 40% will be intended for the market place. That is, 44.39 million barrels of oil will be sold at market prices. The percentage is higher than estimated sales stains in 2022, which was 16%.

LThis was reported by the Deputy Director General of Petroecuador, María Elisa Soledispa as part of strategies for improving the process of buying and selling hydrocarbons on the international market In recent months, activities have been carried out to strengthen the management of the Department of International Trade:

EP Petroecuador has indicated that it will continue to develop its international tenders for the sale of hydrocarbons in a transparent manner, with the participation and invitation of more than 40 companies that are qualified in the Registry of Suppliers for the Management of International Trade, always with the aim of obtaining better benefits and ensuring the export and import of hydrocarbons to Ecuador.