Snapshot: Non-upstream investment for Bolivia’s YPFB

This year’s investment budget for Bolivia’s state hydrocarbons company YPFB reaches nearly US$540mn, the bulk of which is for exploration and production.

As for the balance, a little over US$100mn, most is for YPFB’s transport and refining subsidiaries.

To learn how these and the state operator’s other non-upstream business units are using this year’s funds, BNamericas takes a glance at some projects underway.

The amount in parenthesis in bold corresponds to 2024 planned investment.

YPFB Transporte (US$59.2mn)

• Reversal of the OSSA-2 pipeline to transport liquid hydrocarbons imported through Chile
  • Arica-Charaña stretch: up to 15,000b/d (US$53.3mn)
  • Charaña-Cohani stretch: initial capacity 16,000b/d (US$2.81mn) 
• Construction of 200,000b tank at the Arica terminal (US$18.5mn)

YPFB Refinación (US$35.5mn)

• Gualberto Villaroel refinery
  • New fire water network
  • Overhaul of LPG park 
• Guillermo Elder Bell refinery
  • New control room
  • Overhaul of centrifugal compressor 

YPFB Logística (US$6.52mn) 

• Storage tank maintenance
• Implementation of control and monitoring systems, and reception, storage and dispatch system for anhydrous ethanol 

YPFB Transierra (US$4.72mn) 

• Overhaul of the Villa Montes gas compression station
• Connection of the Sur thermoelectric plant to the Yacuiba-Río Grande (GASYRG) gas pipeline 

YPFB GTB (US$4.1mn) 

• Implementation of new systems and optimization of existing systems (e.g. flow regulation)
• Overhaul of power generation units
• Information technology
• Revamp of water control systems 

YPFB Aviación (US$3.2mn) 

• Water detection system
• New refuelers
• Overhaul of plants (e.g. electric pumps)