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Uruguay Eyes Gas From Chile LNG Regasification Plant -Report



SANTIAGO -(Dow Jones)- Uruguay is interested in buying gas from Chile's new liquified natural gas regasification plant and has approached state oil and gas company Empresa Nacional del Petroleo to discuss the feasibility of such a deal, La Tercera newspaper reported.

After Argentina cut off its natural gas exports to Chile a few years ago to meet its domestic demand, the government in joint ventures with private companies built a regasification plant that recently came on line. Another plant is being built in the mining-intensive northern region of the country.

"Uruguay has openly expressed its interest in buying gas from us. We've had several conversations with that country's state oil company Ancap," the newspaper quoted Rodrigo Azocar, the company's chief executive, as saying in an interview.

Empresa Nacional del Petroleo is known locally as Enap.

Before Chile can export gas to Uruguay, Argentina would have to change its customs norms to allow the gas to be exported as Argentina lies in the path of transit.

Chile recently modified its customs regulations to allow for natural gas exports to Argentina.

-By Carolina Pica, Dow Jones Newswires; 56-2-820-4244; carolina.pica@ dowjones.com


  (END) Dow Jones Newswires
  11-17-090936ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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