Codelco of Chile to Buy Two LNG Cargoes from Metrogas

Codelco of Chile signed a deal to buy two cargoes of LNG for about $100 million from Metrogas, the company said in a statement.

Two 165,000 cbm tankers will deliver the cargoes during 2014 and in 2015 to the Mejillones LNG terminal, operated by GDF Suez, in which Codelco has a 37% stake.

The deal will ensure natural gas supplies for Codelco’s Chuquicamata and Radomiro Tomic mines in northern Chile, Codelco added.

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LNG World News Staff, January 17, 2014; Image: GDF Suez