ENAP has a 20% stake in GNL Quintero S.A. (GNLQ), which is a terminal for reception, storage and regasification Liquefied Natural Gas (LGN) that operates in Quintero bay, Fifth Region, and provides a secure and permanent supply of Natural Gas to the central zone of Chile.
The Terminal, inaugurated on October 2009, required an investment of US$ 1,066 million, and its design, construction and operation meet the highest standards in quality, safety and respect for the environment. Along with our company, BG Group, Enagas, Endesa Chile and Metrogas are also partners with a 20% stake each.
BG Group supplies LNG to the Terminal through ships arriving to Quintero from different countries, such as Trinidad & Tobago, Egypt, Nigeria and Equatorial Guinea, among others.
GNLQ provides great benefits: it delivers a stable and secure supply of Liquefied Natural Gas to the thermoelectric power plants, industries and residential customers of the central zone, and eventually to the rest of the country. It has helped to improve air quality in the Metropolitan Region and the central zone.
The GNL Quintero Terminal is the major work to be built in the country in the field of natural gas, and was the first of its kind in South America. It includes a dock of 1,878 meters long, 5 unloading arms and vapor return, 2 tanks of 160,000 m3 and another of 14,000 m3. The tanks are designed to resist major earthquakes under international standards (among which the NFPA 59A American standard).
Since it was conceived and delivered to ENAP as a business model, important links of community interest such as mitigation measures were established and developed with the community of Quintero. During its construction it employed about 4,000 people.
Currently, LNG is a major source of supply for many countries. Its industry has been growing steadily since the first shipment that arrived to Europe in 1964.
As a result of a growing demand for natural gas in countries where domestic production fails to meet local needs, global LNG trade has grown at a rate close to 8% annually since the late '70s.