Ecuador Hopes Amazon Can Deliver

摘要

While it will hardly have been welcomed by environmentalists, the recent start of oil output from Block 43 in the heart of the Amazon rainforest could mark a turning point for Ecuador's oil industry. Production has stagnated at around 500,000-600,000 barrels per day in recent years, with private investors staying away after President Rafael Correa largely nationalized the oil sector in 2010.