Watch it Now: China Makes its Move in Ecuador
Dr. Moors was a guest on Chinese national television last night via a live satellite link. The topic was the increasing Chinese involvement in Ecuador
Long-time readers will recall that Kent has been advising on a refinery project in Ecuador for some time now. The Pacifico project, also known in country as Refineria
Project costs have swelled to about $13 billion with the government still saying that the 300,000 barrel per day complex will begin operations in 2017.
The real story, however, lies in the combination of interests surrounding the facility.
Kent explains what China is up to in the video below: