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



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A new natural gas export operation from our country to Argentina started on Thursday after the signing of a framework agreement between the two countries that sets the general conditions for the export of gas. supply of this hydrocarbon during the winter months. For the next 3 years.

Thanks to the efforts of ENAP with the Argentine state-owned enterprise IEASA (formerly ENARSA), this agreement was signed to strengthen energy integration between the two countries. For the third year in a row, deliveries would be provided by ENAP, ENEL and Global Energy Provider SA (AGESA, part of the CGE group) and would be carried out by the Electrogas and GasAndes pipelines, the latter pipeline that connects the Chilean metropolitan area with the Argentina's Mendoza province, via a 450 kilometer pipeline that crosses the Cordillera The process was led by ENAP, who acted as the company's articulator with his state counterpart IEASA (formerly 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 big 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 director 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 production, to the consumption of industrial customers and distributors of residential gas, from Antofagasta to Temuco. "

For his part, the Managing Director of Global Provisioner of Energía (AGESA, a subsidiary of CGE), Klaus Lührmann declared that" it is very important that the Provisionadora participates for the third year in a row. 39; export of natural gas in Argentina during the winter months, even more if we take into account the recent subscription between Chile and Argentina the agreement on the 39; energy integration that will allow the short term free marketing, import, export and transportation of natural gas and electric power. "

Raúl Montalva, General Manager of GasAndes, This gas pipeline, through our pipeline, will increase in the future, incorporating larger volumes transported in all directions, making the bi-directionality of our gas pipeline fully functional and thus further contributing to the energy integration between Chile and Argentina. "


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