[Lorianne]

I could not make out whether this is for an extraction facility or for refining. Anyone know?

[taxesareforever]

The plant would be built in the city of Puerto Suarez next to the Brazilian border in an area known as the Pantanal, the world‘s largest marshlands

Somebody tell the greenies that a marshland is going to be developed. Ha ha ha.

[Thunder90]

Hugo Chavez had a lot to do with this.

[aposiopetic]

There is a Business Week article with a little more detail. From the use of the word 'petrohemical' I had inferred that the facility would be for refining, but I agree that it is impossible to tell from what was reported.