Ecuador protested by the demonstration, and the oil company announced the stop

Jimu Journalist Hu Xiuwen

According to Reuters on June 18, due to the influence of protests on society and economy, Ecuador's Petroecuador announced that it would stop oil exports.

On June 18th, a indigenous man held the Ecuadorian flag. Source: Reuters

The oil company stated in a statement that after the protesters entered the oil field to affect the output, the oil company announced that the exploration, mining, transportation, and commercial departments encountered resistance and stopped exports.

This is a protest of against government economic policies led by the indigenous people.

Aboriginal groups protested last week. They blocked the roads across the country, opposed to the social and economic policies of Raco, requiring frozen gasoline prices, stopping further mining and oil projects, and allowing small farmers to repay bank loans.

On the evening of June 17, Ecuador President Gillermo Lasuo delivered a speech, announcing that three provinces including the capital Kidoe have entered an emergency to respond to protests.

La Suo said in TV broadcast: "I call for dialogue, but the answer is more violence." Lasuo said that it will increase the help of the most vulnerable department, and the cost of diesel, gasoline and natural gas will not increase.

The leaders of the Aboriginal group stated in social media that the proposal of Lasuo solved some issues, but he suspected whether he would be implemented.

A large number of violence occurred in the protests, including attacks on flower farms and damage to infrastructure in the protests, and the police were also arrested by protesters.

Ecuador Petroleum said that since the beginning of the protests, the company has lost 6975 barrels of crude oil and stopped some drilling operations. The protests have lost $ 50 million in production departments in the country and led to shortage of certain products and fuel.

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