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Uruguay's executive branch submitted a package of natural gas regulations to legislators to coincide with the startup of the GNL del Plata LNG terminal next year.
The proposal is designed to ensure fair competition and pricing, and continued diversification of the country's grid through non-conventional renewable energy (NCRE) generation, a government statement said.
The legislation defines the roles of each type of actor in the natural gas market. It proposes that the state would provide gas distribution and transportation public services, either directly or through concessions.
Other gas-related activities like the sale, liquefaction, re-gasification and storage of natural gas are not considered public services, but would nonetheless be subject to government approval.
To see the proposal in Spanish, click here.
BNamericas will host its second LatAm Oil & Gas Summit in Houston, Texas, on September 10-11. Click here to download the agenda.