Petrobras and partners to invest US$ 800 mln in Bolivia

15-Feb-06
Subject to government approval to planned ventures for the oil, natural gas, refining and petrochemicals industries, Brazil's state-controlled oil company Petroleo Brasileiro SA along with partners including petrochemical maker Braskem SA may invest upto US$5 billion in Bolivia. The projects to be financed include a US$800 million chemicals complex that Petrobras may build with Latin America's largest petrochemical company, Braskem on the Bolivian- Brazilian border.
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