Latin America Body Breaks Ecuador Deal
The Latin American Energy Organization (OLADE) Thursday suspended an agreement to foster a saving strategy in Ecuador, due to pressures by the local energy ministry.

"The emergency plan for Ecuador s energy efficiency has been brought to an end," due to the interference and influence of the national energy ministry, OLADE sustained in a release signed by its executive secretary Alvaro Rios.

Rios told Ecuador Energy Minister Ivan Rodriguez "top ministerial spheres have pushed the organization to include Percrea Company in the energy saving campaign.

"OLADE accepted that mission precisely to provide independence and clarity to the whole process, and cannot tolerate such meddling," Rios recalled.

The OLADE-encouraged strategy would have allowed Ecuador to save 70 million dollars in diesel purchases in a six-month period.