Energy Reports

Ecuador energy report

Ecuador energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Ecuador energy market data.

Ecuador energy report
Update: August, 2017
Format: 2 files (PDF report, Excel file)
Pages: 29 (Report only)
Delivery: Immediate by e-mail


Ecuador energy market report offers an incisive and reliable overview of the energy sector in Ecuador. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2015 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Ministry of Electricity and Renewable Energies (MEER) is in charge of the country's energy policy and of the promotion of renewables and energy efficiency.

    The Ministry of Hydrocarbons manages the activities related to hydrocarbons....

  • Energy Companies


    Petroecuador took control of the Amistad gas field in 2010 after the refusal of Noble Energy Inc. (NBL) to change its production-sharing contract to a new service agreement.

  • Energy Supply


    The country's oil production increased by 3%/year until 2014 following the inauguration of the Panacocha field, and has been stable since then at around 28 Mt/year. Ecuador is the 5th largest producer in South America. Production comes from the east of the country, with the most...

  • Energy Prices


    The prices of electricity are US$9.0c/kWh for industry and US$8.1c/kWh for the residential sector (2016). Following strong price rises in the early 2000s, prices have been rather stable since 2006.



  • Energy Consumption

    Per capita energy consumption is around 0.85 toe, a level 40% below the South American average (2015). Per capita electricity consumption is approximately 1 400 kWh.

    Energy consumption has been increasing rapidly since 2005 (4%/year).

    Oil supplies 81% of the country's total energy...

  • Issues & Prospects


    In 2012, Petroecuador said it had increased the size of the reserves in the Amistad field to about 50 bcm of natural gas, following a review and reinterpretation of seismic testing. This discovery should expand the natural gas horizon in Ecuador by 20 years.

    There are projects for the...

Download the Table of Contents

In the Ecuador market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy Emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2015, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2015, %)
  • GRAPH 5: Gasoline & diesel prices (US$/l)
  • GRAPH 6: Electricity prices for industry and households (US$c/kWh)
  • GRAPH 7: Consumption trends by energy source (Mtoe)
  • GRAPH 8: Total consumption market share by energy (2015, %)
  • GRAPH 9: Final consumption market share by sector (2015, %)

In the Ecuador market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.

The Ecuador market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2015 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Ecuador Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Ecuador energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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