Oilfield Technology, Thursday, 29 July 2021- 12:30-
'Ecuador defaults on debt to Perenco-
"Perenco Ecuador Ltd. has said that the Ecuadorian government has failed to pay the amount it owes to Perenco for having expropriated Perenco’s investment more than a decade ago.
Over 10 years ago, Ecuador imposed a law to take an additional participation in Perenco’s oil production from Blocks 7 and 21, seized Perenco’s oil production and took over the blocks.
On 27 September 2019, an international arbitration tribunal constituted under the France-Ecuador Bilateral Investment Treaty and the World Bank’s International Centre for the Settlement of Investment Disputes (ICSID)
issued a Final Award holding that Ecuador had violated international law and its participation contracts with Perenco. The tribunal awarded Perenco substantial compensation. In May 2021, an ICSID annulment committee rejected Ecuador’s attempt to annul the entire award and confirmed that Ecuador owes Perenco a net amount of US$391 million.
Under Article 53 of the ICSID Convention, the award is immediately enforceable in more than 150 countries. Ecuador’s Minister of Economy and Finance made a specific undertaking to the ICSID committee on behalf of the State that Ecuador would pay the Award “unconditionally, voluntarily and in full, within 60 days” of the issuance of the ICSID annulment committee’s decision.
That 60-day period has now expired, meaning that Ecuador is therefore now in full default on its obligations under the Award, the ICSID Convention and its own undertaking....." -
🤠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 ...
WED 22APR26 10am🎯'You are invited to Open House / Puerto Abierto at KAT-BAS Club de Tiro / Shooting Club in Quito.🔫The Kat-Bas Complex is on 10hct property at 10k ft elv. on West side of Quito just a few KMs b4 teleferico🚡cable car ride, exit off of Av Occidental near Bosque Mall,🏫bring water and hiking boots, 'Club de Tiro Kat-Bas'- It will be a fun Evento for the whole Family!
Iñaquito Alto (Mañosca). Av. Occidental y Juan Diaz. (Antiguo camino de las Antenas). Referencia Universidad de los Hemisferios , Quito, Ecuador, 170527 - https://maps.app.goo.gl/HoxdxbKAFJoTrc1r9
web.: https://www.clubdetirokatbas.com/ fb pg: https://www.facebook.com/profile.php?id=100052597704154
ig: https://www.instagram.com/club.tirokatbas?utm_source=ig_web_button_share_sheet&igsh=ZDNlZDc0MzIxNw==
If you wud like to come the day before the Open House Evento? We meet for lunch at 13:30 the day before and to meet other club members prior to the event, we meet each week on Tuesday in Cumbaya at El ...
15APR26🚨 #Latacunga:
"Armed attack on the president of the Cotopaxi Taxi Union."
Shot several times and in the head, ambulanced to #Quito
🚨 Here's a summary of the events:
(shooter must have used a traumatico rubber bullet gun to send a message to pay up, not to kill)
🃏This aint an April fools day JOKE🀄️Let the 👹Paros / Strikes👺 Return with a Vengeance⚔️🛡💣🔥01APRIL 2026 - 📈 Prices of basic necessities are rising.📊 "The #SRI (Internal Revenue Service) is applying a 15% VAT to everyday food items such as processed milk, yogurt, bread, noodles, and more.
In practice, going to the market will cost more, and money will go less. This comes on top of rising fuel and transportation costs. The cost of living is increasing, and the burden of the crisis is once again falling on the people."
https://www.instagram.com/p/DWmGrLwFXEB/?igsh=ZzJkN25mNGJjMGhv
https://www.facebook.com/share/p/1bHLJQEcWB/
