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Kirchner to visit Bolivia for energy agreement



Prensa Latina
La Paz
Petroleumworld.com 07 17 07

Argentine President Nestor Kirchner will visit Bolivia on August 3 to preside over, along with his local counterpart, Evo Morales, the tender of a plant to separate liquefied gas from oil, the Hydrocarbons Ministry said on Sunday.

According to the press release, Bolivia exports natural gas with all its components, because it does not have a plant to separate the liquid elements.

The contracted volume is 4.6 million cubic meters a day until 2008, but that amount will increase to 7.7 million by January 1, 2009.

By then, Bolivia is expected to export dry gas, and all liquid components will remain in the country, especially to produce liquefied gas from oil, the document said.

Hydrocarbons Minister Carlos Villegas pointed out the presence of Kirchner and Morales at the ceremony on August 3 in Tarija, southern Bolivia, will be a landmark in the industrialization of the hydrocarbon sector.

The plant will be the largest in South America, as it will separate 30 million cubic meters of liquefied gas from oil a day.

PL 16 07 07

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