Hamburger Anzeiger - Ecuador pipeline burst stops flow of crude

NYSE - LSE
SCS 0.12% 16.14 $
RBGPF 0.12% 82.5 $
RYCEF 1.94% 17 $
BTI 1.45% 61.89 $
RELX -18.18% 30.065 $
RIO 2.42% 94.815 $
CMSC -0.38% 23.66 $
NGG 1.67% 86.048 $
CMSD -0.71% 23.91 $
GSK 0.97% 52.985 $
VOD 1.75% 15.175 $
AZN -1.39% 185.82 $
JRI -0.19% 13.125 $
BCE 1.36% 26.185 $
BP 1.19% 38.155 $
BCC 3.04% 84.31 $
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.

O.Meyer--HHA