Energy: Ecuador changes the rules on contracts
Ecuador's president, Rafael Correa, took his country back into OPEC after a 15-year absence. He has also taken an aggressive stance towards foreign companies in the oil sector. GIS expert, Dr Joseph S. Tulchin gives this briefing on Mr Correa's impact on Ecuador's energy sector.
ECUADOR has been politically unstable for years. There have been nine different presidents between 1996 and 1998.
Rafael Correa, elected in 2006, could be the first president to finish a presidential term of office since Sixto Duran Ballen who governed from 1992 to 1996.
Whether Mr Correa, a 48-year-old economist, makes it ...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.