Petroecuador is waiting for the results of the CNE to comply with the decision not to exploit ITT oil, which reached 58,016 barrels of daily production after consultations

The option to keep Yasuní oil unexploited is ahead in the tally of minutes processed by the National Electoral Council (CNE), and Petroecuador is awaiting official results to challenge the decision made at the polls in the August 20, 2023 election.

58.98% of Ecuadorians responded that they agreed with the Ecuadorian government keeping the ITT crude, known as Block 43, underground indefinitely. 41.02% said no. These percentages correspond to 93.5% of valid records entered into the CNE system.

That it prevails with 58.99% of the votes in the Yasuní ITT consultation with more than 90% of the tallied records

A day after the consultation and the progress of the results, the state-owned company Petroecuador indicated that it was waiting for the official results to be announced by the Electoral Council.

“In absolute respect for this democratic process, Petroecuador will coordinate all relevant actions, together with other government institutions involved, to fully respect the sovereign decision of the Ecuadorian people in Block 43 ITT,” the oil company said in a statement.

His position was expressed at the same time as he announced that this block reached production of 58,016 barrels of oil per day on Monday, August 21.

Questions and answers Elections 2023