Ecuador has officially has become a member country of the World Energy Council in Quito.
Held on 22 August, the ceremony was hosted by the World Energy Council Electricity and Renewable Energy Minister Dr Esteban Albornoz Vintimilla, who welcomed Ecuador into the global energy leadership community.
Commenting on Ecuador's energy achievements, the World Energy Council Secretary General Dr Christoph Frei said that Ecuador has already achieved good energy performance in balancing the triple challenge of the 'energy trilemma': energy security, affordability and environmental sustainability.
"Globally, Ecuador ranks 35 among 129 countries in our Energy Sustainability Index and achieves an energy balance score of ABB. In this respect, Ecuador has performed particularly well in energy security."
He added: "We are particularly pleased that Ecuador has formally joined the World Energy Council and we look forward to working with the government and the energy leaders' community to further strengthen the energy situation in the country and the region."
The application of Ecuador for WEC membership was unanimously approved by the council's other member countries on 22 July.
The WEC Ecuador member panel held its first meeting, which was presided by Minister Albornoz, on 29 July.
This meeting was also attended by WEC's Latin America and Caribbean region vice-chair Jose Antonio Vargas Lleras and several other leading individuals of the Ecuador energy sector.
WEC's Executive Assembly will be held at Cartagena de Indias, Colombia on 22-23 October, and will be hosted by Colombian President Juan Manuel Santos.