ENAP articulates a gas export framework agreement to Argentina and consolidates conditions for future operations

A new operation to export natural gas from our country to Argentina was launched after the signing of a framework agreement between the two countries, which establishes the general conditions of the supply of this hydrocarbon during the winter months for the next three years .

Produces efforts made by ENAP with the Argentine public company IEASA (formerly ENARSA), this was signed agreement that strengthens the energy integration between the two nations.

For the third year in a row, shipments would be provided by ENAP, ENEL and Aprovisionadora Global de Energía SA (AGESA, part of the CGE group) and would be carried out by the gas pipelines Electrogas and GasAndes, the latter gas pipeline. which connects the metropolitan region of Chile to the province of Mendoza in Argentina, via a 450 kilometer pipeline that crosses the Cordillera The process was led by ENAP, who acted as articulator of the company with his counterpart. State IEASA (ex ENARSA), in the neighboring country, by examining and integrating the quantities of natural gas available on the local market of the different actors.

Marcelo Tokman, CEO of ENAP, said that "the beginning of a third consecutive delivery of natural gas to Argentina represents a major step forward towards integration between the two countries, while Loreto Silva, chairman of the company's board of directors, stressed that "ENAP stands out once more as a vehicle for energy solutions that allow Chile to gas supply on other markets. "

The general manager of Enel Chile, Nicola Cotugno, emphasized the economic model and the benefits to the country." This operation is carried out to the third year, and this is only the beginning for multiple companies that can articulate between the two markets. We see different opportunities for integration between Chile and Argentina, in which Enel will be present, contributing to its ability to generate value, for its shareholders and for the countries in which it is present. In addition, this operation is complemented by those carried out by Enel in Chile, contributing gas for the production, consumption of industrial customers and residential gas distributors, from Antofagasta to Temuco. "

Meanwhile, the Director General of Global Provisioning Energía (AGESA, subsidiary of CGE), Klaus Lührmann said that" it is very important that the Provisionadora participates for the third consecutive year in ". export of natural gas to Argentina during the winter months, especially if we take into account Chile and Argentina of the agreement on energy integration which will allow in the short term free marketing, import, export and transportation of natural gas and electric power. "

Although Raúl Montalva, general manager of GasAndes, that this gas transportation, through our pipeline, will increase in the future, incorporating larger volumes in every way, make the bi-directionality of our fully functional gas pipeline and thereby further contribute to the energy integration between Chile and Argentina. "