Argentina Imports Natural Gas From Chile Under Two Contracts

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(Energy Analytics Institute, Jared Yamin, 17.May.2017) – Argentina started importing natural gas from Chile, and will continue over an estimated three month period in order to cover increased demand during the winter period.

On May 11, 2016 Argentina initiated import of an estimated 5 million cubic meters per day of gas from Chile under two contracts: the first with France’s GDF Suez and the second with Chile’s Enap, reported the daily newspaper La Razón.

The contract with GDF Suez is for an estimated $73.4 million with a price of $7.20/MMBtu, while the contract with Enap is for $22 million with a price of $6.90/MMBtu.

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