According to the Front, crude oil production between January and December 2025 reached 127.4 million barrels, an average of 349,167 barrels per day, representing an 8.5 percent drop compared to the previous year.
At the same time, the group expressed that domestic production of refined products decreased, and to meet domestic demand, the country imported 74.3 million barrels of fuel, a 16.8 percent year-on-year increase, which, according to the Front, deepens its external dependence.
The group also questioned the sharp contraction in public investment in the sector, with a budget execution of $485.4 million, a 72.97 percent drop compared to 2024.
They also criticized the dismissal of 1,379 workers, which represented a 13.7 percent reduction in the payroll.
Furthermore, the organization raised legal questions about contracts signed by OCP Ecuador S.A., the company in charge of the Heavy Crude Oil Pipeline, which was transferred to state ownership on December 1, 2024.
The organization called on authorities and the public to scrutinize the management of the country’s energy resources and warned that, if this trend continues, the damage to the oil industry could be irreversible.
jdt/jcm/avr
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