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Enagas SA Acquires 20% Stake In GNL Quintero SA From BG Group PLC-Reuters


Thursday, 13 Sep 2012 02:43pm EDT 

Reuters reported that Enagas SA acquired from BG Group PLC a 20% stake in GNL Quintero SA, the operator of a liquefied natural gas terminal in central Chile, for the amount of USD 176 million. Previously, BG Group PLC said it would sell a 40% equity interest in GNL Quintero SA as part of its noncore assets' divesting plan. BG Group PLC is expected to sell to Enagas SA the remaining 20% stake for another USD 176 million by the end of fiscal year 2012. 

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