Enagás plans to expand Quintero LNG terminal in Chile

The regasification terminal, located in the Bay of Quintero, has been in operation since 2009, and Enagás

-through its subsidiary company Enagás Chile- has been a stakeholder since 2012. It has 3 tanks with

overall storage capacity of 334,000 m³, a total emission capacity of 625,000 m³ (n)/h and docking

facilities for methane tankers for up to 265,000 m³ of LNG.

Now, the terminal is also planning to expand with the construction of a third LNG storage tank with

160,000 m3 capacity and increase its regasification capacity to 833,000 m3 (n)/h.

Moreover, Enagás has reached a deal to acquire the total Endesa Chile stake in GNL Quintero, S.A. (20%)

for 200 million dollars. This acquisition, which is subject to possible pre-emptive acquisition rights held

by other shareholders, would give Enagás Chile a total stake in the plant of 40.4%.

Once the operation is complete, the GNL Quintero shareholders would be as follows: Terminal de

Valparaiso (51% Enagás Chile and 49% Oman Oil Company) 40%, Enagás Chile 20%, ENAP 20% and

Metrogas 20%.

For Enagás, the future development and growth of the GNL Quintero terminal is a priority, as it is a

fundamental infrastructure for the security of energy supply in Chile. This deal enables Enagás to

consolidate its position and reinforces its long-term commitment to the country.

NGS INDIA