BG Group of UK plans to sell half of its stake in the Quintero LNG terminal in Chile, according to several media reports.
Any potential stake sale will not affect a supply contract that BG owns to sell LNG to Chile, Bloomberg reported.
BG Group has 40% ownership of GNL Quintero S.A, which owns and operates the LNG import terminal located in Quintero Bay.
The GNL Quintero complex has a capacity of 2.5 million tons of LNG annually, producing 10 million cubic meters a day of natural gas at base (and up to 15 MMm³/day at peak), which is injected into the pipeline network for distribution in the central zone.
[mappress]
LNG World News Staff, February 24, 2012; Image: GNL Quintero