JOURNAL ARTICLE

Petrobras to Invest in Bolivian Fertilizer Plant Amid Expansion.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Durao, Mariana 3 of 3

Abstract

Petrobras has shown an interest in resuming investments in neighboring countries Venezuela and Bolivia, which Prates has said makes "geopolitical sense" due to their vast potential for oil and gas. Brazil consumes 80% of Bolivia's current fertilizer output, and the plant is expected to produce 4,200 tons per day, said YPFB, formally known as Yacimientos Petroliferos Fiscales Bolivianos. (Bloomberg) -- Brazilian oil giant Petroleo Brasileiro SA and Bolivian state energy producer YPFB are planning a $2.5 billion joint investment to build an ammonia and urea plant in Puerto Quijarro, near the countries' border. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/10, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2023
  • Accession Number:173235666
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