ECUADOR GETS LOAN TO HELP REPAIR OIL PIPELINE

  The Andean Development Corp (CAF) said
  today it is lending 11.7 mln dlrs to Ecuador to help repair 25
  miles of oil pipeline destroyed by an earthquake earlier this
  month.
      the loan was signed here today in the offices of the
  caracas based caf by the corporation's president, galo montano
  perez and ecuadorean ambassador antonio parra gil.
      the loan had originally been intended to finance an
  expansion of the pipeline, but following the earthquake the
  ecuadorean government asked for the terms to be changed so as
  to permit their use in reconstruction.
      Ecuador expects oil production to be suspended for four
  months as a result of the damage, and has asked Venezuela to
  help by supplying 50,000 barrels per day while the pipeline is
  repaired.
      The OPEC member has a production quota of 210,000 bpd but
  has asked the organization to allow it to produce 310,000 bpd
  once the repairs are completed so as to compensate the loss.
  

