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Weekly Report - 31 August 2017 (WR-17-34)

ECUADOR: Opening up Pandora’s Box

The hydrocarbons ministry announced on 25 August that international auditors would be brought in to help formally revise the technical and financial terms of five major energy projects in the country. All the contracts were awarded by the previous government, exacerbating the very public spat between President Lenín Moreno and his predecessor Rafael Correa (2007-2017).

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