South American LNG importer Chile to benefit from energy investment by No. 1 oil company Saudi Aramco

Monday, 18 September 2023

Chile, the South American liquefied natural gas importer, has a new energy investor in the form of the world’s largest player, Saudi Arabian Oil Company, which has agreed to acquire a 100 percent equity stake in Esmax Distribusción SpA (Esmax) from Southern Cross Group, a Latin America-focused private equity firm.

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