Ecuador’s New Oil Transit Fee Adds Millions In Costs For Colombian Shipments

2026-01-27 - 14:40

Key Points Ecuador lifted the SOTE transit fee for Colombian crude from $3 to $30 a barrel on January 23, 2026. The change hits shipments averaging about 13,250 barrels a day, under a three-year deal running to May 2027, with capacity up to 22,000. The fee jump is now part of a broader clash that