Following the near-total decline in piped gas supply from Argentina in the mid-2000s, Chile looked to LNG to enhance the security and diversity of its energy supplies. In February 2006, Chilean state oil company ENAP (Empresa Nacional del Petroleo) signed a letter of intent with BG on an exclusive basis to negotiate contracts for the construction of a regas terminal and for the supply of LNG. This announcement was the conclusion of a formal tender process to select an LNG supplier and ...
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