Ep Petroecuadoror Empresa Estatal Petra3Leos Del Ecuadoris Ecuador S National State Owned Oil And Gas Companyestablished In 1989It Operates As A Fully Integrated Entity Involved In Explorationproductionrefiningtransportationstorageand Sales Of Oil And Gasthe Company Plays A Crucial Role In The Ecuadorian Economywith Oil Revenues Significantly Contributing To National Budgets And Public Projects Petroecuador Manages Oil Exploration And Productionoperates Pipelines And Storage Facilitiesand Refines Crude Oil Into Gasolineliquefied Petroleum Gaslpg And Jet Fuelthe Company Produced 531 000 Barrels Of Crude Oil Daily In 2019 And Aims To Double Its Output Within Five Years Through Partnerships And Regulatory Reformsit Also Oversees Offshore Natural Gas Fields And Has Plans To Increase Outputwith A Workforce Of Over 3 700 Employeespetroecuador Emphasizes Reliability In Fuel Distribution For Both Domestic And International Markets
