GasAtacama has issued an environmental impact assessment for its proposed floating storage and regasification unit in northern Chile.
The power company, controlled by Chilean generator Empresa Nacional de Electricidad and private equity fund Southern Cross, is planning to invest $300 million to $400 million in the project, according to media reports.
Construction is slated to begin in the first quarter of 2013 with the terminal set to start up in 2016.
GasAtacama is seeking LNG supply from proposed US liquefaction projects.
