Project Profile
Value: US$1.08billion
Location: Northwest of Santiago
Regasification capacity: 5.8 billion cubic metres (bcm) per year
Gas production: 15 million cubic metres (mcm) per day
Storage capacity of tanks: 334,000 cm and truck loading facility of 2,500cm per day
Start-up year: 2009
Chile is not self sufficient in its supply of gas and has always had to rely to a certain extent on its neighbour Argentina for its supplies. In May 2004, former President Ricardo Lagos asked the national oil and gas company ENAP (Empresa Nacional del Petróleo) to lead an LNG project that would provide the necessary energy independence for the country.
This was done following repeated cuts in gas supplies from Argentina with the consequent economic damage to industry and electricity generators which had to resort to more expensive alternative fuels. The Quintero Bay terminal, which is situated 155km northwest of Santiago, is expected to require an investment of US$1.2 billion and will have an overall annual supply capacity of 2.5 million tons of LNG. GNL Quintero SA is a joint venture between Endesa Chile (20%), ENAP (20%), Metrogas Chile (20%) and BG Group plc (40%) formed for the LNG project.
Chicago, Bridge and Iron (CB&I) were awarded the construction contract by GNL Quintero SA to build the LNG regasification terminal at Quintero Bay. The construction contract was valued at approximately US$775 million.
Operators:
Enagás Chile (Enagás Chile, 51%, and Oman Oil Company, 49%)
Omers Energy
ENAP
Contractors:
Chicago, Bridge and Iron (CB&I): EPC contract
Alpha Process Controls: Supplied its LNG hose transfer system, fixed and adjustable height saddles, LNG hoses, concentric reducers and deployment equipment. (2016)
Amec Foster Wheeler: Secured engineering, procurement and construction bid evaluation and engineering contract.