RE: ARG So Cheap, But There Is A ButChile building an LNG facility, which will be fully operational in 2009. LNG prices are about US$6/mmbtu right now vs. over US$10/mmbtu for natural gas from Argentina. That's why electricity prices are hovering around US$100/MwH vs. historical average of US$30/MwH. We probably won't see US$30/MwH anymore (just as in North America given permanent new level of commodity prices), but US$60/MwH should be more normal (and similar to N.A.).