HOUSTON May 24, 2012 23 May 2012
The commission selected Argus following a public tender in which international price reporting agencies were invited to participate. One key element of the tender process involved a close review of the price reporting methodology of all submitting vendors. The CNE tender was conducted through the Chilean government´s transparent and efficient procurement system.
The CNE is responsible for analysing commodity prices, tariffs and technical norms governing Chilean energy production and imports, power generation, transportation and distribution.
Argus price assessments are used extensively by governments as independent references for taxation and other purposes. Argus prices are used by major energy producers and consumers as price references in long-term supply contracts, and by market participants for portfolio mark-to-market, counterparty exposure management, derivatives and a wide range of investment and market analysis purposes.
London Houston Washington New York Portland Santiago Bogota Singapore Beijing Tokyo Sydney Dubai Moscow Kiev Porto Brussels Johannesburg
SOURCE Argus Media