Jack Ecuador Abercrombie
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04MAY25 #Ecuador ⛽️"The largest Oil Tanker Co. in the world would arrive in Ecuador 🚨🇪🇨.
The Ecuadorian fuel market could be transformed with the possible arrival of Aramco, the world’s largest oil tank, 🛢️which would be interested in acquiring a regional network of stations in South America.
According to international reports, the Saudi company would have negotiated the purchase of assets in Ecuador, Peru and Colombia, currently operated by Primax, allowing it to enter directly into the retail sector in the country.
In Ecuador, this network accounts for about 20% of the national market. To be concrete, Aramco would not only market fuels,
but could also become a supplier, reconfiguring the supply chain.
Experts in the energy sector consider that the entry of a global actor like Aramco would change the current model, dominated by Petroecuador.
In addition, it would expand its reach to complementary businesses such as lubricants and convenience stores, driving a new competitive dynamic."
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