The Bulo Bulo ammonia-urea facility will be Bolivia’s first petrochemical venture. This new facility is expected to produce sufficient urea/ammonia supplies for domestic demand and will provide surplus product for export.
Bolivia’s national oil company (NOC), YPFB, enacted a strategic plan with goals of self-producing value-added hydrocarbons by 2022. The first phase of the expansion program included constructing five hydrocarbon-producing facilities at a cost of $1.95 B. These projects are:
The Rio Grande liquid separation plant, which became operational in 2014 and produces LPG
The Rio Grande LNG plant, which will begin operations in 2015.
The Gran Chaco liquid separation plant, which will begin operations in 2015
The Bulo Bulo ammonia-urea plant, which is now under construction and will come online in 2016
The Valle Hermoso refinery expansion, which began producing diesel in October
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