Endesa Chile to up LNG capacity

Endesa Chile plans to up its LNG capacity and subsequent power generation through an expansion of the 20%-owned LNG storage and regasification terminal GNL Quintero, the company said in a release. GNL Chile is expanding Endesa Chile's current 500,000m3/d capacity at GNL Quintero to 1.6Mm3/d, with expanded operations expected to start in October 2014. Upon completion, Endesa Chile's total LNG capacity will increase from 3.2Mm3/d to 4.8Mm3/d. The firm currently has 1,280MW of natural gas powered capacity in Chile's central SIC grid, 778MW of which are combined cycle plants. Endesa Chile, along with GNL Quintero partners Enap and Metrogas, has saved Chile over US$3.4bn in energy costs since the start of the LNG terminal's operations, the firm said. Endesa Chile is controlled by Enersis, a subsidiary of Spain's Endesa.