Colbun LNG Terminal

From Global Energy Monitor

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Colbún LNG Terminal was a proposed LNG terminal in Valparaíso, Chile. There have been no development updates since 2014 and the project is presumed to be cancelled.

Location

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Project Details

  • Parent: Colbún, AES Gener
  • Location: Bay of Quintero, , Valparaíso, Chile
  • Coordinates: -32.783333, -71.533333 (approximate)
  • Capacity: 1.5 mtpa, 0.22 bcfd
  • Status: Cancelled
  • Type: Import
  • Start Year:

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Colbún LNG Terminal was a proposed LNG terminal in Valparaíso, Chile.[1]

The currently shelved floating and regasification terminal was a joint-venture project by Chilean energy companies Colbún and AES Gener. Colbún is owned by the Matte family, while AES Gener is a subsidiary of the US AES energy company.[2] The project had faced delays due to difficulty in finding a proper location for the terminal. Additionally, the expansion of the Quintero LNG Terminal has made the Colbún LNG Terminal project unnecessary, unless future conditions change. Both Colbún and AES Gener are already supplied with gas from the Quintero LNG Terminal.[3]

In 2014, AES Gener and Colbún cancelled their contract with Norwegian company Höegh, which was to install the floating LNG regasification plant, officially shelving the project.[4] There have been no development updates since then, and the project is presumed to be cancelled.

Articles and resources

References

  1. Colbun LNG Terminal, News, accessed April 2017
  2. AES Gener to withdraw from Chile LNG expansion, Argus News, March 13, 2017
  3. Chile's Colbun FSRU project hits delays as supply talks begin, ICIS, accessed August 2017
  4. [1] Colbún and Gener canceled deal to build LNG tanker,] Revista Nueva Minería y Energía, August 6, 2014

Related GEM.wiki articles

External resources

External articles