Salzburger Tageblatt - Ecuador pipeline burst stops flow of crude

NYSE - LSE
CMSC 0.01% 20.51 $
RBGPF -1.53% 65.99 $
BCC -2.18% 76.1 $
CMSD 0.15% 20.37 $
GSK -0.12% 49.65 $
NGG -0.03% 75.23 $
RIO -0.83% 94.47 $
BCE -1.46% 21.3 $
BTI 0.3% 56.02 $
RELX 0.87% 33.51 $
JRI -0.72% 11.17 $
AZN 0.75% 164.56 $
BP -0.18% 44.41 $
RYCEF 0% 19.67 $
VOD 0.85% 16.49 $
Ecuador pipeline burst stops flow of crude
Ecuador pipeline burst stops flow of crude / Photo: Handout - PETROECUADOR/AFP

Ecuador pipeline burst stops flow of crude

Ecuador's state energy company said it stopped pumping oil through the country's main pipeline Monday due to a rupture in a section running through the Amazon.

Text size:

"The valves have been closed and oil pumping has been suspended," Petroecuador said in a statement.

The company blamed the incident on a landslide and it was not immediately clear if a spill occurred.

In a statement issued Monday night, the company said it doesn't immediately foresee shutting down oil wells.

The "Trans-Ecuadorian" pipeline has a capacity to pump 360,000 barrels a day.

In March, more than 25,000 barrels spilled in the northwestern coastal province of Esmeraldas.

Oil is one of Ecuador's primary exports. Last year, the country sold $8.6 billion worth of crude oil.

In 2024, Ecuador produced an average of 475,000 barrels a day, of which more than 70 percent was exported.

Almost half of the exports go to North America.

Z.Neuhauser--SbgTB