Announcement
27 Jul 2010
The Government of Ecuador enacted a new hydrocarbons law that seeks to give effective control of the industry to the State.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
27 Jul 2010
Revocation date:
No revocation date
On July 27, 2017, the Ecuadorian Government passed a new hydrocarbon law obliging oil companies to renegotiate their contracts. The new law mandates contracts to be conceived as service a...
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