Panama , Venezuela and Bolivia
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Latin America hydrocarbons roundup

Bnamericas Published: Wednesday, January 27, 2016
Latin America hydrocarbons roundup

Venezuela's President Nicolás Maduro announced that oil and mining minister and PDVSA president Eulogio del Pino will visit OPEC and non-OPEC oil producing countries in a "lighting tour" to promote an oil pricing and market stabilization proposal.

In its latest Commodity Markets Outlook, the World Bank lowered its 2016 forecast for crude prices to US$37/b.

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Bolivia's YPFB declared void the second call for bids to further define a planned expansion of the country's LNG project after proposals did not meet requirements.

The bidders were Acura Flow, Euroestudios, Flargent, Sacmag de México and Sichuan Siwei Engineering. Information on whether a new process will be launched was not disclosed.

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The Panama Canal Authority extended to February 16 the deadline to submit proposals to carry out a feasibility study for a planned LNG import terminal.

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  • Company: PDV Caribe S.A.  (PDV Caribe)
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