02AUG22- 'Analysts Expect Swift Resolution to Ecuador-Perenco Dispute- 🛢 (Reuters) - ⛽️ "Ecuador is expected to deal quickly with Anglo-French oil company Perenco's efforts to enforce a multi-million dollar award payment as delaying could cast a shadow over international bond payments down the line, analysts said.
A Luxembourg bailiff had ordered banks to freeze assets held by Ecuador at accounts in the country on July 28 as a result of a dispute over a $391 million settlement award that Anglo-French oil company Perenco says remains unpaid, a document seen by Reuters shows.
As part of the debt restructuring on its international bonds that followed Ecuador's default two years ago, Ecuador sold new bonds maturing in 2030, 2035 and 2040, which are listed on the Luxembourg stock exchange.
However, some bond holders received interest payments which had been due on the bonds on July 31, sources familiar with the matter said on Monday.
Fabio Trevisan, partner and head of BSP's Dispute Resolution practice, the law firm representing Perenco, declined to comment on the interest payments received.
Ecuador's economy ministry said on Monday it had not been formally informed of the asset freeze and would establish payment terms for the settlement, which it said was for some $374.3 million.
The figure rises to $391 million when including post-award interest. This is down from the $412 million awarded in May last year after taking into account compensation Perenco was ordered to pay Ecuador for environmental damage caused in the areas where it operated in Blocks 7 and 21......" -
🤠iffin you gonna move down or remain in Ecuador on into 2025, get prepared for whats a coming down the pike🥷🏼its not and has not been just a Coastal & #GYE thang, its also a Sierra & Metro #Quito Thanggy as well👮🏻♂️💰
My 2025 NewYears Resolution is more time out on the La G range, zz style, 🎸🥁🎸 cuzz (imho) we gonna dang sure be a needin it🥷🏼if anybody wants to no longer be an outlaw? Call me to join our Qtowne Quito gun club and get legal to tote with a 55hr CCW Course,
now a days The CCW is pretty much streamlined down to this:
plan on about $300 for to join the gun club,about $200 or up to $300 for the CCW course,about $300 for psyche, psycho and toxico exams,
a 9mm Taurus for say $1200.
a 9mm CZ for say $1500.
aprox $80 to $100 for a box of 50rds 9mm FMJ
i see peeps now a days getting legally armed in about a 3-4 months time frame, kinda like a tuff assed visa process!
'Always be prepared' - BSA & SA,
"When guns are outlawed, only outlaws will have guns" - Louis L'Amour (1908-1988) Western novelist of ...
07SEP26👷🏼♀️👷🏽👷🏼♂️Happy Labor Day🌭🍔🍻💪🏼🦾to US/CAN/ECU do it again⁉️
#Ecuador🪖'US MARINE AIRCRAFT ALREADY IN ECUADOR FOR OPERATIONS IN ALTO PUTUMAYO IN ORELLANA-
"The Armed Forces of Ecuador receive support from a US MV-22B Osprey aircraft for military operations in Alto Putumayo, Orellana.
🇪🇨/🇺🇸
This cooperation strengthens the mobility, transportation, and logistical support capabilities of the military units." -
https://x.com/eldatoecua/status/2097099950479806862?s=46&t=i54L5FgQ-47_fA61IWaAQg
07SEP26 🪖'Ecuador's Armed Forces dismantled three camps with capacity for 60 people in Orellana, where they apprehended nine alleged members of the Border Commandos
and seized more than 1,400 rounds of ammunition along with technological equipment." The details➡️
https://x.com/radiocentroec/status/2096946782123049056?s=46&t=i54L5FgQ-47_fA61IWaAQg
27AUG26 Today, two Boeing C-17A Globemaster III aircraft from the United States Air Force landed at Taura Air Base, Ecuador. In the video, one of the aircraft is seen on approach to the runway.
The C-17A is the USAF's heavy strategic transport: four Pratt & Whitney F117 engines, more than 74 tons of payload capacity, and the ability to operate on short runways."
https://x.com/aviaciongye/status/2093115192909443122?s=46&t=i54L5FgQ-47_fA61IWaAQg
"Taura Air Base (SETA) is an active military airport operated by the Ecuadorian Air Force, located 24 kilometres (15 mi) east of Guayaquil in the Guayas Province of Ecuador.
Key Facts ICAO Code: SETA Location: "Guayas Province, near Virgen de Fátima and the Taura River.Military Unit: Home to the 21 Combat Wing (Ala de Combate N.° 21) of the Ecuadorian Air Force.Runway:
One paved runway (03/21) measuring approximately 3,040 meters (9,970 feet).Elevation: 56 feet above sea level."✈️