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The Minister of Energy, Juan Carlos Bermeo, spoke about what happened in Napo and the temporary measure of suspension of activities.

The banana export sector closed 2021 with the shipment of 376 million boxes, 2.5% less than 2020Mining exports of 2021 reached a figure of $ 2,092 million, 31% above the goalthat they had calculated initially and that was $ 1.6 billion. Thus, exports, which were mostly concentrated in copper ($ 920 million), gold concentrate ($ 591 million), gold in Doré bars ($ 573 millions) and other minerals ($ 8 million),They were 99 % higher than those of 2020 ($ 1,050 million).

The figure allows miningContinue as the fourth most important item in exports after oil, shrimp and bananas.This was explained this morningThe Minister of Energy and Natural Resources, Juan Carlos Bermeo,During the event ‘Investments of the Energy Mining Sector in Ecuador’, organized by theEcuadorian-British Chamber of Commerce.

The export number could increase to about $ 4,040 million in 2025. However, this activity and the growth of the country in general could represent an increase in electrical demand. Therefore, Minister Bermeo also spoke in the event of the need to advance in new electrical projects, in which he said that mining companies could also participate.He explained that the investments required in the electrical plan at the year 2031 to ensure the future supply of electricity demand are exceeding $ 13,000 million.

Within this process are the three projects called Block of unconventional renewable energy, the combined cycle block and the northeastern interconnection transmission system. These are at a stage of receiving offers, after the government has decided to extend the deadline for this process. He also confirmed that projects such as Cardenillo, Santiago are designed in the future.

For its part,The president of the Chamber of Industries and Production, Pablo Zambrano, stressed the need for a legal security environment to live in the country, since this is the cornerstone of the attraction of investments.In this regard, he regretted a last sentence 11-49-19-JP/21 of the Constitutional Court on the Magdalena River Mining Project. He explains that this declares an environmental license void for not complying with a rule that did not exist and prohibits mining activities in sites where the State had already delivered concessions. This scares the investment.For Zambrano, unfortunately these types of decisions come from what he called "an activist court."He explained that this role does not correspond to the Court.

The minister asked the mining sector to work in a cohesive and harmonious way and not act for particular interests.

growth was in the order of 20% in dollars and 8% in volume, compared to 2020. Until December, this segment managed to place $18,091 million in different destinations worldwide.Minister Bermeo also took the opportunity to explain the reasons why it has been decided, in front of illegal mining findings, suspend all kinds of mining activity in the Napo sector.He explained that the measure will be formalized these days, but assured that it has been a thought and thoughtful measure, especially to protect the rights of the community and nature. He explained that in all the years of his life he had not seen such devastation caused by illegal mining. He commented that in less than four months that area was filled with huge excavators."They went from having 5 excavators at 105, in four months," he said. He said that if it is estimated that each of them can cost $ 250,000, economic power can be verifiedof these sectors that act outside the law.