Peru and Ecuador Explore Cross-Border Oil Pipeline Connection to Lower Transport Cost
08.21.2025 By Tank Terminals - NEWS

August 21, 2025 [Pipeline Technology Journal]- Peru’s state-run oil company Petroperu is working on an agreement with its Ecuadorean counterpart, Petroecuador, to connect oil wells in Ecuador to Peru’s northern pipeline, the company’s chairman said Thursday, August 7, 2025.

 

The framework agreement, which is being drafted by Peru’s Ministry of Energy and Mines, would include commitments for an approximately 37-mile (60-kilometer) connection line in a shared Amazonian border region.

While the Petroperu Chairman Alejandro Narvaez said the specific investment and financing for the project have yet to be defined, the project is expected to allow Ecuadorean crude to reach Peru’s newly expanded 95,000 barrel-per-day Talara refinery via the pipeline.

Petroperu CEO Oscar Vera, speaking at the same conference, said Petroecuador would likely make the majority of the investment.

“It is of greater interest to them, because it is very costly for Petroecuador to transport crude using their current methods,” Vera said.

The Peruvian oil company is currently navigating a crisis following a larger-than-planned investment in the Talara refinery, but expects to post a profit of $103 million next year, recovering from an estimated loss of $223 million for 2025.

Peru’s 680-mile (1,100-kilometer) pipeline, which has suffered frequent attacks from local communities, is currently operational but not in service due to a lack of active transport contracts.

 

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +9,600 tank terminals and +6,000 production facilities worldwide.


 
Access data. Decide better. See how.

China’s Crude Imports Set to Hit Weakest Level Since 2016
06.26.2026 - NEWS
June 26, 2026 [Oil Price]- Chinese crude oil imports this month are on course to book an even wea... Read More
Russia's Gazprom Forecasts Core Profit to Rise 6-7% in 2026
06.26.2026 - NEWS
June 26, 2026 [Reuters]- Russian energy giant Gazprom said ‌it expects growth of 6-7% in core e... Read More
Saudi Aramco Resumes Oil Loading at Ras Tanura in Boost to Supply
06.26.2026 - NEWS
June 26, 2026 [Reuters]- Saudi Aramco resumed crude loadings on Friday at its Ras Tanura terminal... Read More
Introducing the Senator H80 Series: Powerful, High-precision 80 GHz Radar for Liquids & Solids
06.26.2026 - NEWS
June 26, 2026 [Storage Terminals Magazine]- HAWK Measurement Systems has introduced the Senator H... Read More