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The expansion will both add a new regasification train, increasing the import capacity of LNG by 50% to 15Mm3/d, and double the terminal's capacity to fill "virtual pipeline" tanker trucks to 2,500m3/d (50 trucks, equivalent to 1.5Mm3/d of standard natural gas).
The US$25mn regasification expansion is expected to be completed in 2H14, according to a ministerial statement, while the US$7mn filling station expansion is scheduled to come online in 1H14.
The increased availability of LNG will allow generator Endesa Chile to improve the performance of its Quintero plant, local press quoted Endesa CEO Joaquín Galindo as saying at the inauguration.
Endesa plans to spend US$600mn to upgrade its gas/diesel thermo plants in Quintero and Taltal to combined cycle units, increasing the firm's installed capacity by 240MW. The additional capacity will be used to bid in the upcoming power auctions for distributors, according to local press.
Chilean state oil company Enap's improved LNG supply contract with BG (LON: BG) and the expansion project will allow Enap to boost its virtual pipeline business to generators and industrial clients, according to Enap CEO Julio Bertrand.