Ecuador attempting to declare oil resources in Yasuni as national interest

Posted on August 27, 2013 • Filed under: Conflicts, Ecuador, Latin America Indigenous Issues, Oil reported that Ecuador’s government has asked the parliament to declare of national interest the oil resources in the Ishpingo-Tambococha-Tiputini (ITT) area in the Yasuni national park, in the Amazon region. The state wants to develop oil blocks 31 and 43, the latter called ITT, where there is no information about the presence of isolated indigenous people.The blocks are expected to reach the highest production level of 225,000 barrels per day two years after starting production. Ecuador will thus achieve a record-high output of 275 million barrels a year. Read Article
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