Chilean oil company revives cogeneration project

Chile's state-owned oil company Enap is reactivating a 165 MW cogeneration project to supply its Aconcagua refinery and cut electricity costs.

Chilean daily Diario Financiero reported yesterday that the project, to be developed in partnership with local forestry and energy group Empresas Copec (SCL:COPEC), consists of a gas-fired plant that could cost $300m.

The refinery will use up to 50 MW, while the surplus electricity will be sold to other companies.

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