Basic HTML Version
STRATEGIC INVESTMENTS
INCLUDED IN THE MAPI
INVESTMENT,
DEVELOPMENT
AND FINANCIAL
COSTS
The business investment plan contemplates
short, medium and long term projects to
help improve import logistic management,
supply, efficient and economic distribution
of petroleum fuels across the country. The
Company had a total amended budget
until December 31, 2012, of ¢65.380.94
million (US $129.47 million). The amount
executed during the period under study
was ¢57.574.22 million (US $114.01
million), representing a budget execution
of 88.06%. It is distributed as follows:
Institutional Programming Matrix (MAPI)
investments focused specifically on eight
projects, five of which correspond to
product storage works, during 2012:
1.
A 32,000 m3 light crude oil tank in the
refinery.
2.
Increasing storage capacity at
distribution campuses by 320 mbbl.
3.
Retrofitting two Jet A1 tanks of 4,000 m3
each and the construction of two gasoline
(super) tanks of 5 .600 m3 each at La Garita.
4.
A 900 m3 Bunker tank at the Refinery
5.
Liquefied Petroleum Gas Storage System
(SAGAS)
6.
Expansion and modernization of the
refinery.
7.
AExtension of the Atlantic Port Oil
Terminal (ATPPA).
8.
. Phase I of the Pacific Terminal.
The Company had an amended budget
until December 31st, 2012 for ¢35.718.75
million (US $70.73 million) to develop this
infrastructure.
The amount executed during the period
under study was ¢33.905.60 million
(US $67.14 million), representing a budget
execution of 94.92%.