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National Oil Company Integrated

Enap

Santiago, Chile · Established 1950 · Profile updated July 1, 2026

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Auditor Executive Assessment

Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum

Empresa Nacional del Petróleo (ENAP) is Chile's state-owned energy company operating upstream in Magallanes (Austral Basin), the Aconcagua and Bio Bio refineries, and fuel distribution. Domestic production is modest at approximately 35 kbpd, with refining focused on imported crude processing for the Chilean market. FY2024 revenue approximated $12 billion with thin margins driven by refining and marketing. The company is pivoting toward green hydrogen in Magallanes and geothermal exploration, al...

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