Bolivia’s YPFB to award PE project contract in Dec - consultant

04 November 2011 23:15  [Source: ICIS news]

BUENOS AIRES (ICIS)--Bolivia’s state-owned oil and gas company Yacimientos Petroliferos Fiscales Bolivianos (YPFB) plans to award the conceptual engineering contract for its 600,000 tonne/year polyethylene (PE) project by December 2011, a consultant said on Friday.

“Things are moving in Bolivia. Projects are under way, but there are still some concerns about natural gas reserves and availability,” said Jorge Buhler-Vidal, director of US-based Polyolefins Consulting, at the Polyolefins Consulting Seminar in Buenos Aires.

“Interested bidders visited the site on October 5, 2011,” he added.

The project, which would include ethylene, high density PE (HDPE), low density PE (LDPE) and linear low density PE (LLDPE), could start up in 2016, according to Buhler-Vidal.

The project is likely to be built in the Gran Chaco area of the Tarija department in southern Bolivia, where YPFB is building a natural gas liquids separation plant, he said.

In October, YPFB selected Spain’s Tecnicas Reunidas as the main contractor for the engineering, procurement and construction of a new natural gas liquids separation plant in Gran Chaco.

For more on PE, visit ICIS chemical intelligence

By: Joseph Chang
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