CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

China’s oil quest in Ecuador

Published: 28 Nov 2013 - 09:00 am | Last Updated: 28 Jan 2022 - 08:15 pm

An aerial view of an exploration rig at the Cuyabeno reserve in Lago Agrio in the Sucumbios Province. China’s aggressive quest for foreign oil has reached a new milestone — near monopoly control of crude exports from an Opec nation, Ecuador.