Quito, Apr 19 (Prensa Latina) The possible oil installation in Ishpingo Tambococha Tiputini (ITT) field, with about one billion of crude reserves and located in an ecological area, worries the Ecuadorian government.
The country´s president Rafael Correa affirmed he is facing a “dilemma of consciousness” since one of the biggest oil reserves (the ITT) is found in Yasuni National Park, an Amazonian area with a big biodiversity.
The proposal was submitted to the world of no exploiting that territory inhabited by two peoples, with no relations between them, in exchange of being paid for not meeting 700 million dollars every year any more.
For not using ITT field Ecuador prefers compensation with resources, emphasized Correa.
Correa said “the Amazon basin produces oxygen, which is vital for the planet, but receive nothing in return because the economic system is based neither on justice nor in value logic but in selfishness.”
He promised to boost a State Policy to protect the nomad peoples living in voluntary isolation in the Amazon and called to end fierce practices, greed as a form of life and illegal tree cutting.
Ecuador is the fifth South American oil producer with about 545 thousand barrels daily.
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