LNG

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.

Fluxys of Belgium, the gas grid and LNG terminal owner, and investment firm EIG Global Energy Partners have acquired the Quintero LNG import terminal in the South American nation of Chile.