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7.0
Ecuador Declares Force Majeure on SOTE Pipeline After Fire at Pumping Station
ExpresoLO·EC·2 days ago
Ecuador's Singue oil field has increased production by 2,000 barrels per day, boosting national output. This comes as the sector grapples with operational issues, including a fire at a SOTE station, which may offset gains. The net impact on exports and fiscal revenue is uncertain.