Rumble In The Jungle: Correa Threatens To Take Over Oil Fields

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Rumble In The Jungle: Correa Threatens To Take Over Oil Fields
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Business Monitor International (BMI) has just published a special report "Rumble In The Jungle: Correa Threatens To Take Over Oil Fields".

Ecuadorian President, Correa, has threatened to legalise expropriation of foreign-owned oil assets if private operators fail to migrate to new service contracts offered by the government.

This report looks at the likelihood of takeovers and analyses the factors behind the hardening of the government's line.