NATIONALIZATION - ECUADOR (ENGLISH AND SPANISH VERSIONS)

• Jurisdiction: Derecho Internacional

Mining and Oil and Gas Law, Development, and Investment - Book 2
(Apr 2007)
CHAPTER 22A
NATIONALIZATION - ECUADOR (ENGLISH AND SPANISH VERSIONS)
Jaime P. Zaldumbide
Attorney
Pérez, Bustamante & Ponce
Quito, Ecuador

JAIME P. ZALDUMBIDE

Jaime P. Zaldumbide earned his Bachelor Degree in Political Science in 1981 and his Doctorate in Law in 1983 from the Catholic University of Quito. In 2004 earned his Master Degree in Environmental Law from the University of the Basque Country from San Sebastian, Spain.

He has attended several postgraduate programs: Negotiations at Harvard Law School, Arbitration and Oil & Gas at the Southwestern Legal Foundation in Dallas, Texas, and Oil & Gas Management at the Southern Methodist University, in Dallas, Texas.

In his legal practices he has worked as an associate lawyer of Pérez Bustamante & Ponce law firm in Quito, Ecuador, and since 1996, as a partner. For 5 years he worked as Chief Counsel of Kerr McGee Oil and Gas Corporation in Quito. He also served as Private Secretary to the Ministry of Energy and Mines of Ecuador from 1984-87.

He is a member of the Quito Bar Association, the Association of International Petroleum Negotiators (AIPN), and of the Board of Directors of CEDA (Ecuadorian Center of Environmental Law). He also served as Member of the Board of Directors of the Chamber of Industries of Quito. Jaime is the Head of the Legal Committee of the Ecuadorian Hydrocarbons Industry (AIHE) and an Arbitrator of the Construction Chamber of Quito.

His main areas of legal practice are: Oil & Gas, Environment, Power Generation, Mining and Foreign Investment law.

Jaime speaks Spanish and English.

NATIONALIZATION OF THE HYDROCARBON INDUSTRY

ECUADOR

PEREZ BUSTAMANTE & PONCE

ABOGADOS

A BRIEF BACKGROUND:

THE SEVENTIES

• A new Law on Hydrocarbons was enacted.

• Companies were required to change the contractual system.

• Most of the companies left the...