The November 28 deadline brought in just four bids on four - TopicsExpress



          

The November 28 deadline brought in just four bids on four separate blocks leaving Ecuador’s government with fewer bids than hoped for, and no competing bids on any one block. The lack of interest is attributed to protests from indigenous communities that have territory in and around the area slated for oil development, as well as questions around the quality and amount of oil the blocks harbor, investment risks, and contractual conditions.
Posted on: Tue, 03 Dec 2013 11:35:17 +0000

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