Rio Napo $1.2 Bn Amazon spend

摘要

Rio Napo, a joint venture of state-owned pairPetroecuador and Venezuela’s PdVSA, will investaround US $1.27 Bn in the Sacha oil field inEquador’s Amazon region over the next 15 years.Petroecuador has a 30% stake in Rio Napo,while PdVSA has 30%. PdVSA operates the Sachafield. The Sacha oil field has estimated reserves of491m b/d of crude and currently produces around50,000 b/d of oil.