Argentina has authorized the firm supply of natural gas via pipeline to neighboring Chile through the end of 2024, reflecting Argentina’s aspirations as a key energy exporter to South America and the world. Having already guaranteed the flow of 9 million m3/d to Chile for the 2023-2024 austral summer, Argentina now has granted Chile the…
Chile
Articles from Chile
Glenfarne Energy Unit Sanctioning Texas LNG This Year, with Lower-Carbon Export Ambitions
With one South Texas LNG export project set to be sanctioned by year’s end and a bevy of other ventures underway, Glenfarne Energy Transition LLC is finding its niche by tapping into the environmentally sensitive demands of potential overseas customers that want low-carbon energy. CEO Brendan Duval, who moved from Australia to the United States…
Is Argentina Poised to Become a Regional, Even Global, Natural Gas Energy Hub?
Argentina’s natural gas segment has been transformed by the Vaca Muerta shale formation and the country might well again become a net energy exporter. The country is undergoing a massive natural gas infrastructure buildout in an attempt to make that the case. Vaca Muerta is the second largest shale gas resource on the planet, with…
As South American LNG Demand Soars, New Fortress Secures Gas Supply Through 2027
New Fortress Energy Inc. (NFE) has reached an agreement for liquefied natural gas (LNG) supply through 2027 for most of its import terminals and power generation facilities. The company has nine import terminals in operation or under development in the Caribbean, Central America, Mexico and South America. It imports LNG in underserved markets where it’s…
Argentina’s Vaca Muerta Gas Entering Chile Market to Compete with LNG
In a move that only recently seemed unthinkable, Argentina has started sending natural gas to various points in Chile for residential, electric power and industrial uses.
Industry Briefs
The growth of the natural gas industry in Pennsylvania’s eastern Marcellus Shale helped the area avoid the worst of the 2008 recession, and the positive effects have only just begun, according to a study by the Institute for Public Policy and Economic Development (IPPED). A comparison of the impact of the Marcellus on Pennsylvania’s 10th congressional district, the Barnett Shale in Texas and the Fayetteville Shale in Arkansas led IPPED to conclude “that there is definite potential for growth in wealth, employment and housing” within Pennsylvania’s 10th congressional district, which includes many of the top producing counties. Core drilling counties fared better than noncore drilling counties, but the economic benefits of the Marcellus spilled over throughout the region.