	ecuador to export no oil for four months official the suspension of ecuador s  oil shipments after an earthquake cut an oil pipeline will last at least four months a senior energy ministry official said the official said ecuador could resume exports after repairing a km section of the km pipeline which links jungle oil fields at lago agrio to balao on the pacific coast it would take about mln u s dlrs to repair the pipeline the official who did not want to be named told reuters ecuador had enough oil to meet domestic demand for about days and would have to import  to supplement stocks the earthquake last thursday night registered six on the point international mercalli scale the damage to the pipeline was a severe economic blow to ecuador where oil accounts for up to two thirds of total exports and as much as pct of government revenues financially pressed ecuador a member of the organisation of petroleum exporting countries opec was recently pumping about barrels per day bpd of  about bpd above the output quota assigned by the cartel another energy ministry spokesman said last year it exported an average of bpd according to the central bank however ecuador might build an emergency km pipeline costing to mln dlrs to hook up with a colombian pipeline the first official said he estimated it could take about days to build ecuador squeezed by the slide in world oil prices in had only mln dlrs in net international reserves at the end of january about equal to one month s imports it suspended interest payments in january on billion dlrs owed to about private foreign banks the country s total foreign debt is billion dlrs the eighth largest in latin america in caracas president jaime lusinchi said venezuela would loan five mln barrels of  to ecuador over the next three months to make up for losses from damage to the pipeline ecuador asked for the loan to guarantee domestic supplies and would ship an equivalent volume back to venezuela in repayment in may lusinchi said a commission headed by venezuelan investment fund minister hector hurtado and including representatives from the interior and defence ministries and the state oil company petroleos de venezuela will travel to ecuador tuesday to evaluate and co ordinate an emergency relief program he said reuter 
