rss icon Subscribe
desktop mobile

Chile to Export Gas to Argentina to Cover Winter Demand

Posted by Eric Haun

Chile will send some 276 million cubic meters of gas from June to Argentina to help its neighbor cope with demand in the southern hemisphere winter, Chile's state-run oil and gas distributor ENAP said Friday.
Last year, Chile began sending liquefied natural gas to Argentina for the first time. Although energy investment in Argentina is increasing, it is still a long way from regaining the self-sufficiency it lost in 2010. Before the mid-2000s, it was an important supplier to Chile.
The agreement would allow for the equivalent of around 3 million cubic meters to be piped daily from June 1 to Aug. 31, ENAP said in a statement, with an increase possible if required and available.
Chile does not have significant gas production of its own but is selling surplus LNG imported via its Pacific-facing ports. Argentina obtains most of its gas needs from Bolivia, which are cheaper, but insufficient to meet its demand.


(Reporting by Fabian Cambero; Writing by Rosalba O'Brien; Editing by Bernadette Baum)

May 19, 2017

 

Energy

Helix Energy Cuts Q2 Loss

Photo: Helix Energy Solutions

Oil service company Helix Energy Solutions has narrowed its loss in the second quarter of 2017

Höegh LNG Secures Financing for FSRU Unit

Photo:  Höegh LNG

Höegh LNG Holdings has announced that it has received commitment letters for a US$230 million

QEP Resources to Sell Wyoming Natgas Assets

U.S. oil and gas producer QEP Resources Inc said it would sell its natural gas assets in Wyoming to privately held Pinedale Energy Partners LLC for about $740 million.

LNG

Höegh LNG Secures Financing for FSRU Unit

Höegh LNG Holdings has announced that it has received commitment letters for a US$230 million debt financing for its eighth floating storage and regasification unit (FSRU).

Nakilat Ends H12017 with $112 Mln Net Profit

Nakilat's flagship, QMax Mozah. Photo: Qatar Gas Transport Company

Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its

Six Countries Vie for US$2 Bln Philippines LNG Hub

Image: PNOC

State-run Philippine National Oil Company (PNOC) has shortlisted six countries and will choose

Maritime Apps