Franklin Mining, Inc. (FMNJ)

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Five companies with GTL projects

Of all the options that the natural gas offers to be industrialized, Gas To Liquid (GTL) or process to turn the gas to liquids, is the one that more attention and interest has waked up, on the part of investors of the outside and rear area.


GTL Bolivia, World GTL, Franklin Oil and Gas, World Business TRADING and GTL International, are the companies that are after the business of industrializing the gas, with a general rule for all: to be partner of Oil fields Fiscal Bolivians (YPFB), according to stipulates Law to it 3058. The premise is to take care of first, the internal demand of power diesel engine with the this cleanest one, ecological or also synthetic diesel call.

GTL Bolivia
This company conformed by Bolivian and North American partners, has been dedicated to the design and development of the Gas project To Liquid (GTL) in the country for several years. (YPFB) has signed a Memorandum of Understanding with Oil fields Fiscal Bolivians, and now it is prepared to sign a contract of mixed society.


This project has two great stages. In first, that consists of four years, one will process 100 million cubical gas feet per day, that will be transformed into 10.000 barrels of fuels per day, which 8,500 1,500 barrels will be diesel and gasoline, destined to the internal market. Whereas for the second phase, it has planned to increase the capacity of production of the plant to 100,000 fuel barrels per day, for export., in a term of eight years.

World GTL of Bolivia
This is a North American company of Bolivian partners, that to the date has the technical feasibility study and a Memorandum of Understanding that signed with YPFB. At the moment they are making a study of viability, that will last 60 days, of which they hope to collect the data on the location of the project, logistic production and.


The initial capacity of production of the plant in Bolivia, will be of 1,000 barrels per day (BPD) of fuel, soon to increase gradually. They have projected an initial investment of 30 million dollars in a plant. Later they will open another plant in which they try to invest around 140 million dollars.

World Business TRADING
World Business TRADING announced a millionaire investment to industrialize the gas and the excess to export to the United States through a LNG project. Also they are arranged to invest in gasoducto to its export through Chile or Peru. Nevertheless, one of its priorities will be to construct a plant of GTL (Gas to Liquid), and a plant of regasificación in the U.S.A.


Also, they have been counting on the feasibility study for four years back. They are to the delay to make specific a meeting with the Hydrocarbon Ministry to advance in the subject.


Its proposal is based on constructing to a plant of GTL in the department of Oruro, that would be related to denominated Gasoducto Bolivian Occidental (GABO), that will leave from the gas deposits of the department of Tarija, crossing the Andean regions of Potosí and Oruro until arriving at the Stop.

Franklin Oil and Gas
This is a company of texanos investors, subsidiary of Franklin Inc. Mining, who the past month of May signed a Memorandum of Understanding with the state YPFB for the construction of a GTL plant.


The project has planned to initially produce 10,000 barrels per day (BPD), that will be destined for the consumption in the internal and soon external market. Once signed the contract of state mixed society with the oil one, the construction of this plant in Santa Cruz will begin in a term of 18 to 24 months and its beginning will demand three years.


At the moment the project is in stage of feasibility study. With this study it is hoped to exactly determine the future production of the plant and the required investments.