Chile’s Nationwide Petroleum Firm (ENAP) has signed an settlement with Oxiquim permitting ENAP to switch and retailer fuels at Oxiquim’s terminal within the municipality of Coronel, Región del Biobío.
The settlement permits ENAP to make use of the Escuadrón Maritime Terminal beginning this quarter, ENAP stated in a press launch.
Oxiquim normal supervisor Cecilia Pardo, in feedback concerning the deal, famous of “restricted infrastructure out there for gas storage and issue in executing new initiatives”.
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Escuadrón is one in all three terminals operated by Oxiquim for bulk liquid uncooked supplies and chemical compounds, fuels and liquefied petroleum fuel in Chile, Oxiquim says on its web site. The opposite two are the Mejillones and Quintero terminals.
“The settlement is according to ENAP’s current announcement to consolidate its logistics enterprise as a key pillar of the corporate, incorporating strategic companions and excessive service requirements”, ENAP stated. “That is primarily based on the truth that ENAP has logistics belongings exceeding $3 billion and that its operations span from Arica to Punta Arenas”.
ENAP normal supervisor Julio Friedmann stated, “[S]ome of the primary areas of labor within the fast time period are to generate higher storage capability and to develop future partnerships with third events, all the time for the aim of strengthening gas provide all through the territory”.
Final 12 months ENAP consolidated its logistics belongings underneath a “Company Logistics Administration” and introduced an funding plan of $540 million over the subsequent 5 years for its logistics enterprise.
“Among the many foremost areas of focus of this new administration are operational excellence, effectivity and profitability of the logistics chain, and the variation of infrastructure to satisfy present and future wants”, ENAP stated in an internet assertion September 5, 2025.
“Presently, ENAP manages logistics belongings valued at over $3 billion, together with a big land fleet, 11 ships, 830 kilometers [515.74 miles] of pipelines, three million cubic meters [105.94 million cubic feet] of storage capability, 5 maritime terminals, seven land terminals, amongst different belongings that present resilience and assist to the nationwide power system”, ENAP stated then.
“Right now, we’re Chile’s largest logistics firm, having the ability to attain each inch of the nation and to attach it with the remainder of the world to ensure the nation’s gas provide”, Friedmann stated on the time. “Due to this fact, we consider that this new line of enterprise ought to characterize a good portion of ENAP’s future revenue”.
ENAP added, “This new enterprise line will operationalize the connection with shoppers in coordination with the Industrial Administration and deal with improvement issues in collaboration with the Improvement and Planning Administration”.
To contact the creator, e mail jov.onsat@rigzone.com
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