Articles
Business intelligence and analysis on Ecuador
Ecuador Cites Initial Colombia Power-Trade Tariff Agreement
Ecuador says Colombia could resume electricity sales in coming days under an initial reciprocal-price understanding.
Ecuador Extra Gasoline Demand Falls 8% As Price Band Lifts Retail Cost
Ecuador’s average gasoline consumption fell 3% in the first half of 2026, led by an 8% decline in Extra demand. The report links the change to higher prices, household pressure, and temporary supply shortages.
Colombia Reopens Private-Sector Electricity Trade With Ecuador
Colombia has formalized the restart of private-sector electricity trade with Ecuador after suspending energy sales in January 2026. The announcement does not specify delivered volumes, prices, or the exact first transaction date.
Ecuador Oil Transport Falls 5% In First Half As OCP Volumes Drop
Ecuador’s crude transport declined 5% in the first half of 2026 as a 34% fall in OCP volumes outweighed a 17.5% gain through SOTE. The report links the lower throughput to a 1.5% decline in national oil production through May.
CENACE records 5,421 MW distribution demand peak in July 2026
CENACE's July figures show the July 15 distribution demand peak, year-earlier comparisons and why generation-bus readings differ.
Ecuador's July 2026 power planning described a dry-season risk
The Ministry of Energy's July 2026 dry-season scenario, clearly labeled as a scenario rather than a blackout forecast.
Ecuador Extends PCR Contract For Pindo Oil Block Through 2037
Ecuador’s environment and energy ministry signed a USD 69 million extension with Petroquímica Comodoro Rivadavia to operate the Pindo oil block through 2037. The contract includes exploration wells, development wells, workovers using hydraulic fracturing techniques and gas-capture systems.
Orion Energy And Gente Oil Submit Offers For Intracampos III Fields
Orion Energy and Gente Oil submitted offers for the Tetete Sur and Lumbaqui fields in Ecuador’s Intracampos III oil round. The government expects the round to lift national oil production by 9,900 to 12,000 barrels per day.
Celec Awards USD 47.8M 50 MW Diesel Rental For Enrique García Plant
Celec awarded a USD 47.8 million contract to rent 50 MW of land-based thermal generation for the Enrique García plant in Guayaquil. The process launched on May 7 and was awarded July 8, creating a timing risk ahead of Ecuador’s October dry season.
Ecuador Seeks 90-110 MW Barge Extension As Dry-Season Risk Builds
Elecaustro opened a USD 42.7 million process to keep the 90-110 MW Erin Sultan barge operating at Las Esclusas. Cenace warns of a 25% probability of power deficits in the 2026-2027 dry season and says Ecuador needs at least 893.7 MW of additional capacity.
Petroecuador Awards 950,000-Barrel Fuel Oil Sale To Trafigura
Petroecuador awarded Trafigura PTE a 950,000-barrel Fuel Oil No. 6 sale expected to generate roughly USD 63 million. The sale covers five cargoes of 190,000 barrels each, plus or minus 10%, using the USGC HSFO marker and a USD -5.25 per-barrel differential.
Ecuador Fuel Subsidy Cost Estimated At USD 650M Over Three Months
Ecuador’s fuel subsidy cost for Extra, Ecopaís and diesel was estimated at roughly USD 650 million between May and July 2026. The estimate breaks down to USD 190 million from April to May, USD 220 million from May to June, and USD 240 million from June 11 to July 11.