Ecuador’s President tired of fighting in OPEC for higher oil prices

Ecuador’s President tired of fighting in OPEC for higher oil prices


Ecuador will continue to prove the necessity of adopting the strategy of OPEC to stabilize oil prices, however, according to Rafael Correa, the organization “does not seem to exist”.

MEXICO city, 21 Dec –. The President of Ecuador, Rafael Correa, said that he was tired to struggle with OPEC over the need to adopt the strategy of stabilizing oil prices.

Ecuador is a member of OPEC. The decline in oil prices seriously affected the situation of income in that country.

“We will continue to work as if there were not the OPEC summit, even as OPEC and does not exist, OPEC is doing what he wants”, — quotes the portal words EpnVision Correa.

Ecuador and several other countries in OPEC, for example, Venezuela, trying to put pressure on the organization to take measures to stabilize and increase in hydrocarbon prices, seriously fallen since mid-2014. Daily oil production in Ecuador reaches 540 thousand barrels.