The GNL Mejillones terminal, an equally owned joint venture between Codelco and Suez Energy International, is set for completion at the of 2009, with operations due to start in January 2010.

The $500 million liquefied natural gas (LNG) regasification terminal will have a send-out capacity of 5.5 million cubic meters of gas per day, sufficient to produce 1,100MW of electricity. The gas will be distributed through the Atacama and Gasoducto Norandino pipelines.

For storage, the project will use a conventional LNG carrier which will remain permanently moored to the jetty. After an international tender, GNL Mejillones has selected Suez Global LNG’s floating storage unit offer.