Chilean miner and steelmaker Compania Acerero del Pacifico is running its slide rule over a potential LNG import terminal project.
The company is mulling floating or land-based options at locations both in the north and south of the country, CAP chief executive Jaime Charles told a recent investors conference in Santiago.
The project, which would also involve a gas-fired power plant, is aimed at reducing electricity costs across its iron ore mining operations.
CAP aims to take a decision on whether to move forward within the next 12 months, allowing the facility to begin taking cargoes and producing electricity in 2018, according to its website.
Charles, who claims to have $1 billion in cash at the ready for the project, told the Santander GBM...
