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Chile GasAtacama sees over $4 bln in LNG power deal with miners
2012年10月18日 / 晚上6点00分 / 5 年前

Chile GasAtacama sees over $4 bln in LNG power deal with miners

By Alexandra Ulmer
    SANTIAGO, Oct 18 (Reuters) - Chilean energy firm GasAtacama
sees miners paying over $4 billion for 20 years of power
stemming from a liquefied natural gas (LNG) project it plans to
launch in the country's copper-rich north, CEO Rudolf Araneda
told Reuters on Thursday. 
    GasAtacama is to invest $350 million for a Floating Storage
Regasification Unit (FSRU) seaport in the Mejillones region that
will offer at least 500 megawatts to power-hungry miners in the
    "500 (megawatts) via LNG for 20 years, we're talking about a
number above $4 billion dollars... We're looking at various
mining companies," Araneda told Reuters during a conference on
wind and solar energy in Santiago. "We're preparing an offer
than we're going to submit to the miners... There will be
tenders next year." 
    Miners in world No.1 copper producer Chile are reeling due
to what critics slam as unclear regulations that expose billions
of dollars in power projects to the risk of lawsuits, shaky
transmission lines and increased environmental activism.
    On its web site, GasAtacama lists world No.1 copper mine
Escondida, operated by BHP Billiton, and world No.3
copper mine Collahuasi, jointly operated by global miners Anglo
American and Xstrata, as clients.    
     More than $22 billion and over 8,000 megawatts in energy
investment are currently suspended due in part to legal disputes
and regulatory delays, according to Libertad y Desarrollo, a
conservative think-tank in Santiago. 
    After the Supreme Court rejected Brazilian billionaire Eike
Batista's planned $5 billion Central Castilla plant
in August, many industry experts forecast power-intensive miners
in the North would have to turn to LNG or diesel generation. 
    "We're negotiating (with suppliers in the United States),"
Araneda added, as a shale gas boom galvanizes interest. "The
idea is to have an offer developed this year."
     In the United States, a shale gas boom has resulted in a
sharp rise in natural gas production, leading to a collapse in
domestic prices and the possibility of the U.S. exporting
liquefied natural gas by 2015.
    Golar LNG Limited, a liquefied natural gas shipping
company, was awarded GasAtacama's FSRU project, it said in July.
    "The newbuild FSRU will be capable of storing 170,000 m3 of
LNG and ...will be delivered to the project in the fourth
quarter of 2015," Golar said in a statement at the time.
    GasAtacama's power offer to miners will also likely include
a percentage of renewable energy, Araneda said.

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