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Re: mearkat post# 5635

Monday, 05/22/2006 2:14:15 PM

Monday, May 22, 2006 2:14:15 PM

Post# of 42903
I dont know if this will help but this is how I read it.

State tanker began negotiations to execute projects multimillionaires The gas of new industries execution in the country is in motion. Holy Cross (ANF).- Oil Deposits Bolivian public Prosecutors began negotiations with interested in investing and to be associates of the state, so much one in exploration as in production of hydrocarbons and in the industrialization of the natural gas, besides exporting LNG to United States, according to the report of the president of YPFB, Jorge Alvarado. The American Word Business Trading and the Predator Technologies are willing to invest between three and five thousand million dollars in the country. While GTL Bolivia also is interested in employing 1.000 million dollars in plants of diesel synthetic. Did neither it remain was the intention to produce biodiésel. The five projects were explained this Saturday al main executive of the state tanker in Holy Cross, in meetings that maintained with emissaries of each potential associate. “We have declared them that for us is priority the area of production and exploration to enlarge our reserves, and the other aspect is the industrialization of the gas in our country”, projects in which YPFB should participate with 51 percent and the remainder property of the investors. “What the attention calls us is that are American investors that want that we work in company with YPFB, absolutely in all the business, since the exploration, production, transportation to the coast and sale of our gas in the market, together, like the associates; thing that never had offered us in the past, when they wanted that we bandage them our gas in mouth of well and the remainder of the business be The businesses; in that that project of the LNG consisted”, underlined.

INDUSTRIALIZATION AND LNG

The envoys of the company Word Business Trading expressed that they would be willing to invest to 5.000 million dollars, “that is a very large quantity and that with these resources perfectly we would be able to develop” all the chain hidrocarburífera, indicated Alvarado. In its proposals they include the industrialization of the gas in Bolivia and to export the surplus to United States in the shape of natural gas milkshake “LNG”, for which, would also invest in a gas pipeline to arrive at a port in the Pacific whether in Chile or Peru, to install a plant of liquefaction and to build a plant of regasificación in the north country. PETROLEUM EXPLORATION Another American is the Predator Technologies that offers to import five teams of drilling to be associated to YPFB in three of the eleven blocks that the State assigned to the state one. Alvarado gathers for the second time with the delegates of this company. The blocks of interest of this business are located in the area tradit



GTL BOLIVIA In question during the day, YPFB will also constitute a mixed business with GTL Bolivia, of Carlos Kinn, for the installation of three plants, one of 2.500 daily barrels in Cochabamba and Holy Cross, and another in Tarija of 10.000 barrels. The investment in the projects adds 1.000 million dollars. “I want to clarify that these negotiations are under the conditions that for YPFB should remain minimum the 51 percent, the remainder for the counterpart”, indicated its President.

SEPARATION OF LIQUIDS Another business interested in separating the liquids of the natural gas that Bolivia exports to Brazil is Petroleum Sinergy, whose representatives presented the study of final design for the construction of a plant in Rio Grande or Village Mount. The objective of the Government is to extract the propane and butane to produce GLP and to guarantee the provision of the internal market and even to export the aggregate surpluses giving him value al natural gas. ALSO BIODIÉSEL AND, finally, YPFB received the proposal of the national business Bio fuel oil for the production of biodiésel from the soya, sunflower and other vegetable products. Al respect, Alvarado indicated that will be authorized the construction of a plant for the production of 6.000 similar, daily
barrels al volume that from Argentina is imported to cover the internal deficit. It reckoned that with this project the agricultural border would be increased and the subsidy of the diésel would be eliminated that last year reached to 100 million dollars.

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