Chile Oil & Gas Report Q1 2013 - New Report Available
BMI View: Chile's small resource base makes the country heavily dependent upon imports to satisfy demand and promote economic growth. Indeed, Chile in 2011 had to import 97% of total oil needs and 66% of its natural gas requirement. These issues will persist in spite of some long-term upside potential stemming from the country's shale gas prospects. In the meantime, imported liquefied natural gas (LNG) will play a greater role in energy security.
View full press release