Investment in Natural Gas Pipelines in the Southern Cone of Latin America

Increasing demand for clean energy sources is expanding investment in natural gas infrastructure around the world. Many international projects involve pipelines connecting energy markets in two or more countries. A key feature of investment taking place in Latin America is the convergence of gas and electricity markets. Many projects are being developed to supply gas to new power generation plants needed to meet electricity demand. Construction of a pipeline over the Andes mountains to supply gas from Argentina to energy markets in central Chile was an idea long unfulfilled for political, economic, and technical reasons. Great changes have now taken place in a very short time. The author discusses both the achievements and the challenges to be faced by pipeline developers and Chiles energy sector. He details the benefits of the cooperative effort to consumers in terms of lower energy prices, higher environmental standards, and a more reliable energy system. The experience in Latin Americas southern cone shows how technological innovation, economic deregulation, and regional integration make it possible to build major international gas pipeline projects within a competitive framework, and without direct state involvement.

Bibliographic Details

Main Author:	Jadresic, Alejandro
Format:	Working Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2000-04-30
Subjects:	ATMOSPHERIC EMISSIONS, BENEFICIAL IMPACT, CLEAN ENERGY, CLEANER ENVIRONMENT, COAL, COAL PLANTS, COMPETITIVE ENERGY, CONSTRUCTION, CONSUMPTION OF ENERGY, CYCLE GENERATION, CYCLE POWER PLANTS, DISTRIBUTION COMPANY, ELECTRICITY, ELECTRICITY DEMAND, ELECTRICITY INDUSTRY, ELECTRICITY PRICES, ELECTRICITY SECTOR, ENERGY COMPANIES, ENERGY CONSUMPTION, ENERGY MARKETS, ENERGY MIX, ENERGY POLICY, ENERGY PRICES, ENERGY RESOURCES, ENVIRONMENTAL IMPACT, ENVIRONMENTAL IMPACT ASSESSMENT, ENVIRONMENTAL PROTECTION, ENVIRONMENTAL STANDARDS, EXTRACTION, FUEL, FUELS, GAS AGREEMENT, GAS AND ELECTRICITY, GAS COMPANY, GAS DISTRIBUTION, GAS EXPORTS, GAS GRID, GAS INFRASTRUCTURE, GAS OIL, GAS PIPELINE, GAS PIPELINES, GAS POLICY, GAS RESERVES, GAS SECTORS, GAS TRANSPORTATION, GAS UTILITIES, GASOLINE, GENERATION CAPACITY, INDUSTRIAL EMISSIONS, LIQUID FUELS, MANUFACTURING INDUSTRY, METHANOL, MOTOR VEHICLES, NATIONAL ENERGY, NATURAL GAS, NATURAL GAS INDUSTRY, OIL, OIL AND GAS, OIL COMPANY, OIL PIPELINE, PIPELINE SYSTEM, PIPELINES, PIPES, POWER CONSUMPTION, POWER GENERATION, POWER GENERATORS, POWER INDUSTRY, POWER PLANTS, PRICE OF ELECTRICITY, PRICE OF GAS, PRIMARY ENERGY, PRIMARY ENERGY SOURCE, REFINED PRODUCTS, REFINERY, SULFUR, TOTAL CONSUMPTION, TOTAL ENERGY CONSUMPTION, UTILITIES, VEHICLES,
Online Access:	http://documents.worldbank.org/curated/en/2000/04/437802/investment-natural-gas-pipelines-southern-cone-latin-america http://hdl.handle.net/10986/21923
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