RE:RE:New Gas Processing Plant CostI believe it was originally suppose to be operational Oct 2014 but now it is projected to be 2015....maybe....Since this is a gov't project and it is already behind schedule this project will be higher and maybe much higher than $600MM.
Someone please correct my math but I believe our 85MMcfd converts to about 2.5 MMcmd. So our volume is less than 10%.
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YACUIBA, BOLIVIA (APRIL 12, 2014) (REUTERS) GENERAL VIEW OF GAS PIPES VARIOUS OF GAS PLANT UNDER CONSTRUCTION CONSTUCTION WORKERS ON SITE GENERAL VIEW OF THE PLANT CLOSE UP OF PIPES WITH BOLIVIAN FLAG VARIOUS OF CONSTRUCTION WORKERS VARIOUS OF ARRIVAL OF BOLIVIAN PRESIDENT EVO MORALES TO PLANT (SOUNDBITE) (Spanish) BOLIVIAN PRESIDENT EVO MORALES, SAYING: "The investment that we are making is a record for this country. Here we are investing 660 million dollars and when the plant starts to operate, it's going to generate more than 800 million dollars per year. If we incorporate this plant with the other gas processing plant in Rio Grande, Santa Cruz, we will easily have an annual revenue of more than one billion dollars." VARIOUS OF PLANT IN CONTRUCTION GENERAL OF MORALES WALKING THROUGH PLANT GENERAL VIEW OF THE PLANT VARIOUS OF CONSTRUCTION AREA (SOUNDBITE) (Spanish) CEO OF STATE OWNED OIL COMPANY YPFB, CARLOS VILLEGAS, SAYING: "All the gas components at this time are going to Arg...
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YACUIBA, BOLIVIA (APRIL 12, 2014) (REUTERS) GENERAL VIEW OF GAS PIPES VARIOUS OF GAS PLANT UNDER CONSTRUCTION CONSTUCTION WORKERS ON SITE GENERAL VIEW OF THE PLANT CLOSE UP OF PIPES WITH BOLIVIAN FLAG VARIOUS OF CONSTRUCTION WORKERS VARIOUS OF ARRIVAL OF BOLIVIAN PRESIDENT EVO MORALES TO PLANT (SOUNDBITE) (Spanish) BOLIVIAN PRESIDENT EVO MORALES, SAYING: "The investment that we are making is a record for this country. Here we are investing 660 million dollars and when the plant starts to operate, it's going to generate more than 800 million dollars per year. If we incorporate this plant with the other gas processing plant in Rio Grande, Santa Cruz, we will easily have an annual revenue of more than one billion dollars." VARIOUS OF PLANT IN CONTRUCTION GENERAL OF MORALES WALKING THROUGH PLANT GENERAL VIEW OF THE PLANT VARIOUS OF CONSTRUCTION AREA (SOUNDBITE) (Spanish) CEO OF STATE OWNED OIL COMPANY YPFB, CARLOS VILLEGAS, SAYING: "All the gas components at this time are going to Argentina. With this separation plant, as the name indicates, we are going to do the separating in such a way that the pipeline that goes to Argentina will only carry methane. And the propane, butane, ethane, natural gas rich in isopentane will all remain in Bolivia" VARIOUS OF CONSTRUCTION PLANT
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