Chile’s energy sector stuck in vicious circle: Antofagasta

Apr 05, 2013 | 11:24 AM | Andrea Hotter

Tags  Chilean power, Antofagasta, Diego Hernandez, copper, Cesco Week, energy sector, Andrea Hotter

SANTIAGO — Chile’s energy sector needs to break out of the vicious circle in which it is stuck before the country is left facing a critical shortage, Antofagasta Plc chief executive officer Diego Hernández told AMM.

"The country still has power available for the next four years, but any more than that and we will start having problems. We need to have projects approved now as it takes three to four years to get plants generating, from starting pre-feasibility through permitting to production," he said. ....

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