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Is Ecuador's Refinery of the Pacific on Track?

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/19024

Is Ecuador's Refinery of the Pacific on Track?

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Title: Is Ecuador's Refinery of the Pacific on Track?
Author: Inter-American Dialogue's Latin American Energy Advisor
Subject(s): Latin America
South America
Ecuador
Venezuela
Rafael Correa
Manabí Province
Energy
Development
Production
Oil
Abstract: In 2008, PDVSA and PetroEcuador agreed to build the ""Eloy Alfaro Delgado"" Refinery of the Pacific, which reportedly will be the only high-conversion plant on Latin America's Pacific coast. The facility will require an investment of $12 billion, of which Venezuela and Ecuador have so far committed $3 billion. On March 9, Ecuadorean President Rafael Correa announced that more money would be distributed to accelerate the manufacturing of construction equipment. Is preliminary work on the refinery on track to be ready by 2015? Are the right plans in place for the refinery to attract the necessary investment and who would be its likely investors? How would the refinery's completion affect Ecuador's energy sector? Experts discuss what they think about this topic.
Date: 2011-05-21
Publisher: Inter-American Dialogue
Citation: Inter-American Dialogue s Latin American Energy Advisor, April 11-15, 2011; pp. 1, 3.
Description: Copyright © 2011, Inter-American Dialogue, used with permission from the publishers
URI: http://hdl.handle.net/1928/19024
Available at: http://www.thedialogue.org/uploads/LAA/Daily/2011/LAA110421.pdf

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