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Companies Empresa Pública de Hidrocarburos del Ecuador FollowQUITO, Feb 11 (Reuters) - Ecuador's state oil company, Petroecuador, said on Saturday that it was losing an estimated 3,500 barrels of crude oil a day due to "vandalism" at two of its blocks, referring to recent Indigenous protests at the site.
The Indigenous community argues it was not consulted about the new operation of the blocks by Petroecuador and made other social demands.
Petroecuador took over production of the blocks at the start of this year.
Petroecuador's production is around 393,000 barrels of oil per day, according to official data.
Reporting by Alexandra Valencia in Quito Writing by Isabel Woodford Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Talking to a local media outlet on Monday, Santos acknowledged Petroecuador is not audited by an international firm and its financial reporting does not comply with international standards.
Petroecuador began a tendering process to appoint an auditor in August, it said.
"As the process is financed with international cooperation funds, the hiring must follow the guidelines established by the international organization," the company added.
Former Energy Minister Xavier Vera resigned at the end of October over a separate investigation into allegations that he took bribes in exchange for jobs at Petroecuador.
Reporting by Alexandra Valencia Writing by Oliver Griffin Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.