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Energy Transfer expresses interest in assuming the construction of the Gasoducto del Sur

Energy Transfer expresses interest in assuming the construction of the Gasoducto del Sur

The Ministry of Energy and Mines (Minem) announced that the North American giant Energy Transfer Partners has communicated its interest in participating in the construction of the long-awaited Gasoducto del Sur, the infrastructure responsible for bringing natural gas to the southern regions of the country.

During his participation before the Energy and Mines Commission of Congress, Minister Oscar Vera said that the company will soon arrive in our country to evaluate, through Proinversión, the terms of the concession that will contribute to the massification of natural gas.

“We have received the communication from Energy Partners, a large company that is interested in concessioning the Gasoducto del Sur. It is a dream for us, we have had natural gas for 40 years and it has not been possible to carry out [la infraestructura] for multiple problems. They are coming to review how the concession would be made. They are interested and the most convenient in the country will be evaluated technically and according to Proinversión’s proposal,” he assured.

Energy Transfer Partners is one of the largest energy companies in the United States, with assets in 41 states and international offices in Beijing, China.

Its main operations include the transportation, storage, and commercial commissioning of natural gas, crude oil, refined products, and NGL.

“It is an investment of more than US$ 7,000 million and I think that this is very important for the entire southern region. Its execution would also generate the development of the petrochemical and fertilizer plants that are so much needed,” said Vera .

Source: Larepublica

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