07 January 2013 19:37 [Source: ICIS news]
LONDON (ICIS)--Bolivia’s Yacimientos Petroliferos Fiscales Bolivianos (YPFB) said on Monday that its Rio Grande liquids separation plant in the eastern Bolivian department of Santa Cruz will begin operations in May.
The plant will process around 5.6 million cubic metres (Mm³)/day of natural gas and produce 361 tonnes/day of liquefied petroleum gas (LPG), the state-run oil company said.
The plant will also produce 350 bbl/day of gasoline and 195 bbl/day of isopentane, YPFB said.
“Significant advances [in the plant’s construction] have been made,” said YPFB president Carlos Villegas in an interview with Bolivian state television. “The work will reach a maximum peak in February.”
The $160m (€121.6m) contract to construct the plant was awarded to Argentine engineering firm Astra Evangelista at the end of 2010.
The contract was originally awarded to Argentine-Bolivian consortium Catler Uniservice. The agreement was subsequently annulled due to irregularities committed during the tender.
($1 = €0.76)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections