"Chile Oil & Gas Report Q4 2012" Now Available at Fast Market Research
Chile's small resource base makes the country heavily dependent upon imports to satisfy demand and promote economic growth. The country was required to import 97% of total oil consumption and 66% of its natural gas consumption in 2011. These dynamics will persist for the foreseeable future, despite some long-term upside risks stemming from the country's shale gas potential. As such, strategic investments into LNG import capacity have been critical for Chile's energy security.
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