{"id":3890,"date":"2023-02-25T15:04:38","date_gmt":"2023-02-25T15:04:38","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=3890"},"modified":"2023-02-25T15:04:40","modified_gmt":"2023-02-25T15:04:40","slug":"ecuador-oil-flows-could-normalize-in-3-weeks-after-force-majeure","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/3890\/","title":{"rendered":"Ecuador oil flows could normalize in 3 weeks after force majeure"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\">\n<p>Ecuador&#8217;s oil industry will return to normal operations within three weeks, the government predicted on Friday after the energy ministry declared force majeure following a bridge collapse which forced pipelines to close.<\/p>\n\n\n\n<p>State oil company Petroecuador and private pipeline operator OCP Ecuador suspended operations on their respective pipelines as a preventative measure on Wednesday after the collapse next to their operations in Napo province. The force majeure declaration came on Thursday.<\/p>\n\n\n\n<p>&#8220;Until pumping is totally re-established, we have to test the tubing,&#8221; energy minister Fernando Santos told a local news outlet on Friday. &#8220;Turning off wells is simple, but restarting them is a bit complicated, we&#8217;re talking about maybe some three weeks.&#8221;<\/p>\n\n\n\n<p>Petroecuador estimated late on Thursday that pumping could restart during the next seven days.<\/p>\n\n\n\n<p>A new variant for Petroecuador&#8217;s SOTE oil pipeline and the Shushufindi Quito polyduct will be built to protect them from erosion and climate issues, Santos said.<\/p>\n\n\n\n<p>Petroecuador has been studying whether a permanent solution could be to move a large part of the SOTE, which has the capacity to transport 360,000 barrels per day, but Santos said the effort will be complex and costly.<\/p>\n\n\n\n<p>Private OCP will need to include a route change for its tubing to negotiate extending its state contract to move heavy crude, which expires at the end of the year, the minister added.<\/p>\n\n\n\n<p>&#8220;We are thinking of an extension of that period and obviously it&#8217;s the obligation of the company to finance the route change,&#8221; he said.<\/p>\n\n\n\n<p>Petroecuador said in a statement later on Friday it has started a gradual shut-down of wells in the Amazon and will work to optimize storage to attend to domestic demand.<\/p>\n\n\n\n<p>It sent one shipment of Oriente crude to Marathon Supply LLC on Wednesday, Petroecuador said.<\/p>\n\n\n\n<p>&#8220;The rest of our contractual commitments with international companies will be scheduled once the (force majeure) decree is overcome,&#8221; it added.<\/p>\n\n\n\n<p>The SOTE and OCP pipelines are regularly halted because of tubing damage from rocks and landslides, but the incident this week occurred at a different location than ones that took place in 2020 and 2021.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2023-02-25T15:04:40+00:00\"> 25 February 2023<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Ecuador&#8217;s oil industry will return to normal operations within three weeks, the government predicted on Friday after the energy ministry declared force majeure following a bridge collapse which forced pipelines to close. State oil company Petroecuador and private pipeline operator OCP Ecuador suspended operations on their respective pipelines as a preventative measure on Wednesday after [&hellip;]","protected":false},"author":1,"featured_media":3891,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,36,19,16],"tags":[],"services":[],"class_list":["post-3890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-lastnews","category-news","category-oil"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/3890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=3890"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/3890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/3891"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=3890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=3890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=3890"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=3890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}