Soboce seeks 10Mm3 gas for US$160m plant

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Bolivia: Soboce's planned cement plant in Yacuses, Santa Cruz will require 10Mm3 of natural gas supplies, Soboce's main shareholder Samuel Doria Medina has said. According to the project's viability study, the plant will also need a pipeline to be built and a gas supply guarantee from state-run oil and gas firm Yacimientos Petroliferos Fiscales Bolivianos (YPFB).

Soboce estimates that the plant will cost US$160m to build. The project will be able to generate energy for its own consumption using natural gas. Soboce and YPFB have already built a 19.6km pipeline to supply gas to another plant in Viacha.

Last modified on 03 October 2012

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