Chile looking to gas to meet energy demand, energy minister says

07/14/2014
Matt Zborowski Staff Writer Chile is focusing its attention on natural gas to meet the country's energy demand challenges, stated Maximo Pacheco Matte, the newly appointed Minister of Energy, during a July 2 panel discussion in Houston. Pacheco's presentation, Chile: Energy Sector Opportunities, outlined that it will be gas that powers the South American nation's economy. While South America is universally recognized as a continent rich with fossil fuels—boasting the country with the largest proved oil reserves in Venezuela alongside robust presalt resources offshore Brazil—Chile, South America's sole member of the Organization of Economic Cooperation and Development (OECD), is only a mod...
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