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LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

October 28, 2022

Will Ecuador See Strong Interest For its Gas Blocks?

Xavier Vera, Ecuador’s energy minister, said the country plans to auction gas blocks for offshore exploration after a 15-year pause. // File Photo: Ecuadorean government.

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Jeremy Martin, member of the Energy Advisor board and vice president of energy and sustainability at the Institute of the Americas: “Ecuador’s economic climate, worsened by Covid and long-simmering social conflicts from myriad stakeholders and groups, has been a double-barreled barrier for the Lasso administration’s efforts to reboot the nation’s once-formidable oil sector. Indeed, the very uneven start at the outset of his administration and lack of progress arguably cost Lasso’s first energy minister his job. Recognizing the economic headwinds and addressing them through fiscal and contract modalities is possible and clearly part of the bidding process being touted. But ensuring a just and equitable oil development model that satisfies the nation’s panoply of stakeholders demands an entirely different level of attention and capacity. Government officials, Indigenous representatives and all participants deserve credit for…”

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ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Gene Kuleta
Editor
202.463.2920
gkuleta@thedialogue.org

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Lori Rampani
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board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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