Market Brief
Ecuador Refinery Margins Continue to Deteriorate Amid COVID-19, an Industrial Info Market Brief
Ecuador's state-owned refiner EP Petroecuador was forced to shut down its Esmeraldas Refinery April 7 due to a power outage
Ecuador's state-owned refiner EP Petroecuador shut down its Esmeraldas Refinery April 7 due to a power outage. The company kept it offline when it became clear that low demand for refined products amid COVID-19 had all but erased available storage capacity.
The 45,400-barrel-per-day (BBL/d) La Libertad Refinery had been shut down April 4, also due to storage unavailability. EP Petroecuador says the date of each site's restart will depend on the resumption of fuel demand.
Click here for a list of projects at the Esmeraldas and La Libertad refineries, and see map below.
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