Ecuadorian oil companies lose out on Amazon resources

HALF a million acres of the Amazon forest will not be sold to oil and gas developers, after a court in Ecuador ruled that the government could not sell the land off for exploration and production.

Ecuadorian oil companies lose out on Amazon resources Ecuadorian oil companies lose out on Amazon resources Ecuadorian oil companies lose out on Amazon resources Ecuadorian oil companies lose out on Amazon resources Ecuadorian oil companies lose out on Amazon resources

 

The court decision has been labelled a "historic win" by activists and local Waorani indigenous tribes, and follows a year-long fight between the government and local communities.

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