YPFB Logistica Plans to Expand Three Bolivian Terminals in 2015

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Researched by Industrial Info Resources (Cordoba, Argentina)--Bolivia's state-owned oil company YPFB Logistica (Santa Cruz), a subsidiary of Yacimientos Petroliferos Fiscales Bolivianos S.A. (YPFB Corporacion) (La Paz, Bolivia), is awaiting capital approval to proceed with expansion projects, planned by 2015, at three Bolivian refined products storage terminals: Palmasola (Santa Cruz), Senkata (La Paz) and Oruro. The total cost of the three projects is about $5 million.

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The Santa Cruz terminal currently has nine tanks--seven for the storage of refined products and two for crude oil--with a total storage capacity of 28,000 cubic meters. The company plans to build two 10,000-cubic-meter tanks.

YPFB Logistica also will construct an 8,000-cubic-meter storage tank at the La Paz terminal, which currently has 11 refined products tanks with a total storage capacity of 28,000 cubic meters.

Finally, two 10,000-cubic-meter storage tanks will be built at the Oruro refined products terminal, which currently has five tanks and a total storage capacity of 13,700 cubic meters.

The three projects are scheduled to receive capital approval by the end of this year. YPFB Logistica plans to select one or more contractors at the beginning of 2015 and expects to finish terminal expansions during the first quarter of 2016.

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