Yeah, and the GTL plant is $250,000,000 and 40 months away. This is hardly good news for stockholders.
We need mining and we need it now. Take the GTL nonsense off the PR line and get back to basics. Please, news on the Pulacayo tailings and Cerro Rico five veins.
The plant - In addition, the gas also will benefit 70,000 - families, since they will be supplied - with the power one -
Additionally, the installation of the plant - will leave 10,000 dollars monthly to the Mayorship - of Ayo Ayo - honored its administrative senior officer when explaining that they already elaborated the study of pre-feasibility with promissory results that allows them to follow with the final design.
On the basis of the new Hydrocarbon Law and the supreme decree of nationalization of the gas and petroleum, 50 percents of gain for YPFB settled down and 50 percents for the North American company, explained Aguirre.
Also, it said that of beginning the generation of 700 to 1,000 sources of work without counting to the personnel of the plant of quinua is anticipated.
The project of GTL industrialization will consist of - the transformation of the natural gas - in synthetic diesel engine and synthetic gasoline - from the gas.
The authorities of the altiplánico municipality met with the vice-minister of Industrialization and Hydrocarbon Commercialization, Willam Donaire -
Industrialization of the gas will begin in Ayo Ayo The feasibility study will be financed by Franklin Oil - For today an act in the altiplánica population is anticipated paceña -
La Paz/Agencies - The industrialization of the natural gas will begin in the plateau with a plant that would settle in Ayo Ayo to produce 200 barrels per day (BPD) of synthetic diesel engine.
Indeed, the project for the feasibility study will be signed Wednesday by the president of the Republic - Evo Morales - in agreement with the report of the administrative senior officer of that Mayorship, Hugo Espinal -
The investment for the plant of gas conversion to - liquids (GTL), gasoducto between Villa Montes - and Ayo Ayo and another infrastructure is calculated - between 200 and 250 million dollars - indicated the general adviser of - Franklin Oil and Gas, Willam Petty.
Although first stage will cost 13 million dollars - Nevertheless, the demand of capital will be defined with the feasibility study - The integral system will contemplate the transport of GTL from well mouth in Villamontes - transport and later industrialization of this power one - that it tries to be extended for the domiciliary gas - and the installation of an office of computers - in benefit of the children -
Franklin Oil company with North American capitals - comes accompanied from Promigas - Yanogas - and Park Soft - all of Colombia - that Fiscal Bolivians will together participate - in the society with Oil fields (YPFB) - and the Mayorship of Ayo Ayo - indicated the adviser of that municipality, Javier Aguirre.
The feasibility study will be financed by Franklin Oil - and in agreement with the calculations of the company -
For this Wednesday a “great ceremony” in Ayo Ayo - with the participation of the president of the Republic - is programmed - Evo Morales - the Hydrocarbon minister - Carlos Villegas - the maximum executive of YPFB - Juan Carlos Ortiz - and other authorities - assured so much the representatives Franklin Oil - like the delegates of the Mayorship of Ayo Ayo -
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