Fuel theft and violence drain $215 million from Ecuador’s oil industry – Trendy Blogger

Fuel theft and violence drain 5 million from Ecuador’s oil industry

 – Trendy Blogger

Organized crime groups in Ecuador are increasingly stealing fuel from state-run oil company Petroecuador to support drug trafficking operations, resulting in hundreds of millions in lost income for the country’s largest industry, the company and officials said. Criminals steal gasoline, diesel and other fuels by exploiting state-owned fuel pipelines for use in making cocaine and … Read more