Global Trade Alert
Global Trade Alert

Ecuador: New Hydrocarbon Law

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.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Jul 2010

Revocation date:

No revocation date

Updated: 27 Jul 2010
FDI: Treatment and operations, nes In force

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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