South America


We have a 100% interest in the La Vertiente, Los Suris and Tarija XX East blocks and the La Vertiente gas processing plant. We have a 37.5% interest in the Caipipendi block, where we mainly produce from the Margarita field, and we are also drilling an exploration well. We also have a 25% interest in the Tarija XX West block where we produce from the Itaú field. We have the rights to explore and further develop the onshore Huacareta block (Shell interest 100%), and plan to drill an exploration well in 2018.


We have a 20% interest in an liquefaction plant.

Trinidad and Tobago

We are the largest shareholder in all four trains at Atlantic LNG. We also have an interest in three concessions with producing fields – Central Block, ECMA and NCMA blocks. In May 2017, we acquired Centrica’s interest in the NCMA block, increasing our interest from 45.88% to 63.19% and in August, we acquired Chevron’s interests in Trinidad and Tobago, which included increasing our interest in the Shell-operated ECMA block from 50% to 100%. We also have interests ranging from 35% to 100% in exploration activities in blocks 5(c), 5(d), 6(d), and Atlantic Area blocks 3, 5, 6 and 7.

Rest of South America

We have interests in a gas pipeline connecting Uruguay to Argentina.

In December 2017, we sold our interest in Comgás, a natural gas distribution company in Brazil, to Cosan. We exchanged our common shares in Comgás for Cosan shares plus cash.

liquefied natural gas
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