Replies to post #5635 on Franklin Mining, Inc. (FMNJ)

[stockobserver]

Here it is..

State oil it began negotiations to execute multimillionaire projects The execution of new gas industries in the country is in march. Santa Cruz (ANF). - Oil fields Fiscal Bolivians began negotiations with interested in investing and to be partners of the state one, as much in exploration as in hydrocarbon production and the industrialization of the natural gas, besides to export LNG to the United States, in agreement with the report of the president of YPFB, Jorge Alvarado. The Americans Word Business TRADING and the Predator Technologies are arranged to invest between three and five billion dollars in the country. Whereas GTL Bolivia also is interested in using 1,000 million dollars in plants of synthetic diesel engine. Either it was not left outside the intention to produce biodiésel. The five projects were explained this Saturday to the main state executive of the oil one in Santa Cruz, in meetings that maintained with emissaries of each potential partner. “We have showed to Them that for us it is priority the area of production and exploration to increase our reserves, and the other aspect is the industrialization of the gas in our country”, projects in which YPFB must participate with 51 percents and the rest property of the investors. “What it calls us the attention is that they are American investors who want that we work in society with YPFB, absolutely in all the business, from the exploration, production, transport to the coast and sale of our gas in the market, together, like partners; thing that never had offered to us in the past, when they wanted that we sell our gas to them in well mouth and the rest of the business is of the companies; of that that project of the LNG consisted”, emphasized. INDUSTRIALIZATION AND LNG The envoys of the company Word Business TRADING expressed that they would be arranged to invest up to 5,000 million dollars, “that is a very great amount and that with these resources perfectly we could develop” all the hidrocarburífera chain, it indicated Alvarado. In his proposals they include the industrialization of the gas in Bolivia and to export the excess to the United States in natural gas form liquefied “LNG”, for which, also he would invest in gasoducto to arrive at a port in the Pacific or in Chile or Peru, to install a liquefaction plant and to construct a plant of regasificación in the country of the North. OIL EXPLORATION Another American is the Predator Technologies that offers to concern five equipment of perforation to be associated to YPFB in three of the eleven blocks that the State assigned the state one. Alvarado meets for the second time with the delegates of this company. The blocks of interest of this company are located in the traditionally oil area of the country and are: the 4 denominated Cedar with 124,275 hectares of extension, the 6 named Iñau with 100,000 hectares and Aguaragüe with 114,375 hectares. Both last they were given back in months last through Chaco and Petrobra's, respectively. In order to start up the society, mañanate, YPFB will subscribe a letter of intent with executives of Predator Technologies, and soon to establish the conditions. “We thought that we could sign in three weeks the society so that it begins to work in the country”, Alvarado added. GTL BOLIVIA In a matter of days, YPFB also will constitute a mixed company with GTL Bolivia, of Carlos Kinn, for the installation of three plants, one of 2,500 daily barrels in Cochabamba and Santa Cruz, and another one 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 of which minimum stops YPFB must have left the 51 percent, the rest for contraparte”, indicated its President. SEPARATION OF LIQUIDS Another company interested in separating the liquids of the natural gas that Bolivia exports to Brazil is Petroleum Sinergy, whose representatives presented/displayed the study of final design for the construction of a plant in River Grande or Villa Mounts. The objective of the Government is to extract the propano and butane to produce GLP and to guarantee the supplying of the internal market and until exporting excessive giving value added to the natural gas. ALSO BIODIÉSEL And, finally, YPFB received the proposal of the national company Bio vegetal Fuel for the production of biodiésel from soya, sunflower and other products. On the matter, Alvarado indicated that the construction of a plant for the production of 6,000 daily barrels will be authorized, similar to the volume that is concerned from Argentina to cover the internal deficit. It considered that with this project the agricultural border would be increased and the subvention of the diesel engine would be eliminated that the last year reached to 100 million dollars.

[jdigilarmo]

The execution of new gas industries in the country are in march.

Santa Cruz (ANF).- Oil fields Fiscal Bolivians began negotiations with interested in investing and to be partners of the state one, as much in exploration like in hydrocarbon production and the industrialization of natural gas, besides to export LNG to the United States, in agreement with the report of the president of YPFB, Jorge Alvarado.

The Americans Word Business TRADING and the Predator Technologies are arranged to invest between three and five billion dollars in the country. In as much that GTL Bolivia also is interested in using 1.000 million of dollars in plants of synthetic diesel engine. It was not left outside the intention either of to produce biodiésel.

The five projects were explained this Saturday to the main executive of state oil in Santa Cruz, in meetings that maintained with emissaries of each potential partner.

"we have showed to Them that for us the production area is priority and exploration to increase our reserves, and the other aspect is industrialization of the gas in our country ", projects in which YPFB must to participate with 51 percents and the rest property of the investors.

"What it calls to us the attention is that they are American investors who they want that we work in society with YPFB, absolutely in all the business, from the exploration, production, transport to the coast and sale of our gas in the market, together, like partners; thing that never had offered to us in past, when they wanted that we sell our gas to them in well mouth and the rest of the business is of the companies; of that that project consisted of LNG ", emphasized.

INDUSTRIALIZATION And LNG

The envoys of the company Word Business TRADING expressed that they would be arranged to invest up to 5.000 million dollars, "that are an amount very great and that with these resources perfectly we could develop "all hidrocarburífera chain, indicated Alvarado.

In its proposals they include the industrialization of the gas in Bolivia and to export the excess to the United States in natural gas form liquefied "LNG", for as, also it would invest in gasoducto to arrive at a port in the Pacific or in Chile or Peru, to install a liquefaction plant and to construct one plant of regasificación in the country of the North.

OIL EXPLORATION

Another American is the Predator Technologies that offers to concern five equipment of perforation to be associated to YPFB in three of the eleven blocks that Been it assigned the state one. Alvarado meets for the second time with delegates of this company.

The blocks of interest of this company are located in the area traditionally oil of the country and they are: the 4 denominated Cedar with 124.275 hectares of extension, the 6 named Iñau with 100.000 hectares and Aguaragüe with 114.375 hectares. Both last they were given back in months last through Chaco and Petrobras, respectively.

In order to start up the society, mañanate, YPFB will subscribe a letter of intent with executives of Predator Technologies, and soon to establish the conditions.

"We thought that we could sign in three weeks the society so that a begins to work in the country ", added Alvarado.

GTL BOLIVIA

In a matter of days, YPFB also will constitute a mixed company with GTL Bolivia, of Carlos Kinn, for the installation of three plants, one of 2.500 daily barrels in Cochabamba and Santa Cruz, and another one 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 of which it stops YPFB minimum must have left the 51 percent, the rest for contraparte ", indicated its President.

SEPARATION OF LIQUIDS

Another company interested in separating the liquids of the natural gas that Bolivia exports to Brazil is Petroleum Sinergy, whose representatives presented/displayed the design study end for the construction of a plant in River Grande or Villa Mounts.

The objective of the Government is to extract the propano and butane to produce GLP and to guarantee the supplying of the internal market and until exporting excessive giving added value to the natural gas.

ALSO BIODIÉSEL

And, finally, YPFB received the proposal of the national company Bio Fuel stops the production of biodiésel from soya, sunflower and other products vegetables.

On the matter, Alvarado indicated that the construction of a plant will be authorized for the production of 6.000 daily barrels, similar to the volume that is concerned from Argentina to cover the internal deficit.

It considered that with this project the agricultural border would be increased and it would eliminate the subvention of diésel that the last year reached to 100 million of dollars.




Cover

[americano]

The Para La means it's a go if that is what you were refering to on the liquid plant.

[Sgtstickboy]

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.