If not now, when? Deconstructing Ecuador’s energy regulations

Covid-19 and the oil market crisis present an opportunity for Ecuador to sink or swim. It can either adapt to the new world scenario and reinvent its legal framework to entice foreign investors to its oil industry, or remain paralysed. Pérez Bustamante & Ponce partner Jaime Zaldumbide and associate Patricio Albuja consider how the country can update its out-of-date energy regulations for the future.