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Friday, May 12, 2006 3:35:48 PM
This article is merely stating the expansion of the liquid to gas refinery capability needed which both Bolivia and Venezuela currently do not have at this time. FMNJ's expertise is WHY YPFB is partnering with them in the first place for construction and operation of the first LTG refinery ever in Bolivia.
The article even states this is to strengthen the Bolivian hydrocarbon industry. More expansion to come and since YPFB has already selected FMNJ to help with this, only bodes well for more business for FMNJ in my opinion.
The political nature of this area is why IMHO FMNJ will be a big winner.
Do your own due diligence as this is just my opinion.
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