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34 Americas and Global LNG
Chile, Uruguay and Argentina
The Quintero LNG terminal, in Chile, expands BG Group’s
operations in South America and provides a long-term,
counter-seasonal market for the Group’s global LNG portfolio.
Areas of operation
Key to operations
Gas
Oil
Gas pipeline
0 700km
New information
• First LNG to Quintero LNG
Key dates
PACIFIC OCEAN
2006 BG Group selected to supply
and participate in a LNG
regasification plant
2007 GNL Quintero S.A. incorporated
and project sanctioned
EPC contract signed and import
terminal construction started
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CHILE
BOLIVIA
PARAGUAY
ATLANTIC OCEAN
BRAZIL
ARGENTINA
MetroGAS
Quintero LNG
SANTIAGO
BUENOS AIRES URUGUAY
MONTEVIDEO
Southern Cross and
Gas Link Pipelines
CHILE
In 2007, BG Group and partners incorporated
GNL Quintero S.A. and executed the
shareholders’ agreement. BG Group holds
a 40% ownership (ENAP 20%, Endesa 20%,
Metrogas S.A. of Santiago 20%). GNL Quintero
S.A. owns and operates the 2.5 mtpa LNG
import terminal located in Quintero Bay,
110 kilometres from Santiago.
BG Group’s partners in GNL Quintero S.A.
have secured capacity rights in the terminal
and have arranged to off-take the gas via
21-year agreements, with 1.7 mtpa LNG
supplied by BG Group from its supply portfolio.
In July 2009, BG Group delivered the first
cargo of LNG to Chile. The first shipment
of gas was used as the commissioning cargo
for the Quintero LNG regasification terminal.
The terminal, which is the first onshore LNG
import terminal to begin operations in the
southern hemisphere, is in its commissioning
phase, with full construction scheduled to be
completed during third quarter 2010.
The regasification plant will include two
160 000 cubic metre LNG storage tanks
and will have an initial send-out capacity
of 340 mmscfd on a sustainable basis
and 510 mmscfd on a peaking basis, the
equivalent of approximately 40% of the
country’s demand for natural gas.
The new import terminal will provide a vital
new source of energy supply for Chile.
URUGUAY
BG Group is operator with a 40% share in
the Southern Cross Pipeline (SCP) linking
Punta Lara in Argentina to Montevideo.
The pipeline became operational in 2002
at the start of a 30-year concession period.
Through its holding in Dinarel, BG Group
holds a 25.5% interest in Gas Link, a
40 kilometre gas pipeline connecting the
SCP to the Argentine transportation network.
ARGENTINA
MetroGAS is the largest natural gas
distribution company in South America and
supplies over two million customers in the
city of Buenos Aires and Southern Greater
Buenos Aires.
BG Group ceased to be the Technical Operator
of MetroGAS in December 2008. Gas
Argentino S.A., the holding company of
MetroGAS, is in a court-supervised voluntary
reorganisation insolvency process in
Argentina. MetroGAS' distribution tariffs
remain frozen at 1999 levels.
Shareholders GNL Quintero S.A. (%)
BG Group 40
ENAP 20
Endesa 20
Metrogas S.A. of Santiago 20