The lines were not affected, but the company suspended some operations as a precaution. He hopes to start pumping again within a week. The government declared “force majeure,” meaning the company won’t face penalties for failing to meet customer requests, according to French.
Petro-Ecuador did not specify when and how exports will be affected, but said it would keep customers informed of the situation.
Crude oil forms the major part of the exports of Ecuador, the South American country.
Oil accounted for two-thirds of its total output last year, with revenues of about $10 billion, or 10% of gross domestic product.