Chile and Argentina ink energy deals

Chile and Argentina have signed three energy-sector accords.

Maximo Pacheco, Chile’s energy minister, has said the country will export 5.5 million cubic metres of liquefied natural gas (LNG) per day to Argentina during the southern hemisphere’s winter as of May this year.

The minister said Argentina imports some 25 million cubic metres per day. Both countries secured the $130 million deal, which will involve the Nor Andino and Andes gas-pipelines.

The second deal involves electricity exports of 200 MW from Chile’s Norte Grande grid to Argentina.

The third agreement seeks to increase LNG production from 2.4 million to 4 million cubic metres per day.

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