Enagás completes acquisition of 20% stake in the GNL Quintero regasification terminal in Chile

13 September 2012

 Enagás has completed the purchase from BG Group of 20% of the GNL Quintero S.A. regasification plant for liquid natural gas (LNG) in Chile for $176Mn, as agreed in April, having obtained all the required authorisations.

The GNL Quintero plant's other shareholders are ENAP (Empresa Nacional de Petróleo de Chile - 20%), Endesa Chile (20%), Metrogas (20%) and BG Group (20%), all of which have considerable experience in the energy sector.

The acquisition by Enagás of a stake in GNL Quintero demonstrates the strategic commitment that the company is making in Chile. For Enagás, with over 40 years' experience in the LNG industry, supporting and contributing to the development and future growth of this plant - essential for the security of the country's energy supply - is a priority.


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