PETROLEO CARBON TERMICO GAS NATURAL CRUDO BRENT

DIESEL GRADO B EQ. 7.000 KCAL/KG HENRY HUB SPOT DTD CPI
(US$/M3) (US$/TON) (US$/MMBTU) (US$/BBL)
MES DIESEL CARBÓN GNL BRENT CPI
Jan-05 374.85 94.65 6.13 44.23 190.700
Feb-05 382.43 94.95 6.13 45.37 191.800
Mar-05 423.33 93.72 6.92 52.89 193.300
Apr-05 455.07 89.39 7.20 51.82 194.600
May-05 420.02 89.05 6.49 48.60 194.400
Jun-05 432.44 87.23 7.16 54.43 194.500
Jul-05 480.66 83.89 7.64 57.58 195.400
Aug-05 486.42 83.03 9.46 64.12 196.400
Sep-05 569.32 81.40 11.88 62.86 198.800
Oct-05 521.29 80.01 13.42 58.77 199.200
Nov-05 500.05 78.28 10.28 55.17 197.600
Dec-05 480.46 74.19 13.05 56.91 196.800
Jan-06 510.03 67.92 8.68 63.05 198.300
Feb-06 526.61 67.75 7.54 60.12 198.700
Mar-06 523.80 71.90 6.89 62.08 199.800
Apr-06 535.40 76.79 7.16 70.30 201.500
May-06 577.36 81.81 6.24 69.83 202.500
Jun-06 575.95 83.97 6.21 68.69 202.900
Jul-06 592.36 83.46 6.15 73.66 203.500
Aug-06 618.28 84.30 7.15 73.11 203.900
Sep-06 589.09 83.74 4.90 61.87 202.900
Oct-06 527.90 85.07 5.77 57.79 201.800
Nov-06 520.03 81.47 7.40 58.92 201.500
Dec-06 521.15 81.63 6.82 62.34 201.800
Jan-07 521.03 84.04 6.55 53.91 202.416
Feb-07 494.37 87.68 7.98 57.43 203.499
Mar-07 528.47 88.63 7.10 62.15 205.352
Apr-07 557.64 91.89 7.59 67.55 206.686
May-07 561.49 95.31 7.63 67.37 207.949
Jun-07 593.66 98.82 7.36 71.54 208.352
Jul-07 608.32 101.62 6.21 77.01 208.299
Aug-07 590.55 110.21 6.23 70.73 207.917
Sep-07 584.54 116.17 6.08 76.87 208.490
Oct-07 602.25 120.13 6.80 82.50 208.936
Nov-07 658.59 122.56 7.14 92.66 210.177
Dec-07 717.66 136.08 7.14 91.26 210.036
Jan-08 725.57 148.77 7.98 90.87 211.080
Feb-08 713.63 158.11 8.55 95.04 211.693
Mar-08 752.98 151.93 9.44 103.47 213.528
Apr-08 791.61 180.69 10.13 108.97 214.823
May-08 868.98 180.16 11.21 123.05 216.632
Jun-08 966.26 177.93 12.69 132.44 218.815
Jul-08 969.08 194.51 11.06 133.33 219.964
Aug-08 949.03 225.40 8.25 113.03 219.086
Sep-08 890.08 245.44 7.67 98.17 218.783
Oct-08 802.74 222.73 6.73 71.87 216.573
Nov-08 629.14 207.71 6.69 52.51 212.425
Dec-08 492.90 154.99 5.81 39.77 210.228
Jan-09 408.07 132.49 5.23 43.27 211.143
Feb-09 387.88 116.65 4.52 43.07 212.193
Mar-09 360.06 111.23 3.94 46.54 212.709
Apr-09 386.78 105.13 3.50 50.53 213.240
May-09 395.74 88.93 3.83 57.27 213.856
Jun-09 447.11 90.12 3.81 68.55 215.693
Jul-09 445.61 90.24 3.39 64.61 215.351
Aug-09 484.03 96.09 3.15 72.84 215.834
Sep-09 503.72 96.73 3.01 67.39 215.969
Oct-09 500.58 95.77 4.02 72.61 216.177
Nov-09 550.40 91.14 3.70 76.66 216.330
Dec-09 542.88 95.01 5.33 74.28 215.949
Jan-10 573.19 100.02 5.81 76.51 216.687
Feb-10 559.10 102.83 5.33 73.63 216.741
Mar-10 576.51 105.20 4.29 78.89 217.631
Apr-10 601.96 103.32 4.03 84.69 218.009
May-10 615.38 104.20 4.15 75.57 218.178
Jun-10 564.31 110.53 4.81 74.85 217.965
Jul-10 578.22 121.56 4.63 75.64 218.011
Aug-10 592.48 121.63 4.32 77.07 218.312
Sep-10 577.98 121.23 3.89 77.79 218.439
Oct-10 615.18 118.59 3.43 82.74 218.711
Nov-10 637.93 119.13 3.72 85.33 218.803
Dec-10 661.00 124.32 4.24 91.52 219.179
Jan-11 699.94 131.35 4.49 96.35 220.223
Feb-11 743.98 145.51 4.08 103.76 221.309
Mar-11 816.43 155.48 3.97 114.60 223.467
Apr-11 882.53 151.51 4.24 123.78 224.906
May-11 881.96 155.20 4.31 115.10 225.964
Jun-11 839.87 157.19 4.54 114.04 225.722
Jul-11 836.38 153.61 4.42 116.88 225.922
Aug-11 850.99 151.92 4.05 110.45 226.545
Sep-11 834.64 150.44 3.91 113.12 226.889
Oct-11 806.82 151.77 3.57 109.43 226.421
Nov-11 854.64 149.58 3.22 110.66 226.230
Dec-11 825.76 142.61 3.16 107.88 225.672
Jan-12 829.70 138.73 2.68 110.39 226.665
Feb-12 850.88 134.75 2.51 119.55 227.663
Mar-12 904.15 134.55 2.17 125.33 229.392
Apr-12 908.70 129.76 1.95 119.86 230.085
May-12 869.96 126.73 2.44 110.32 229.815
Jun-12 771.10 126.26 2.46 94.11 229.478
Jul-12 757.48 116.49 2.95 102.56 229.104
Aug-12 820.09 111.89 2.84 113.48 230.379
Sep-12 882.48 113.30 2.84 112.95 231.407
Oct-12 877.67 117.41 3.32 111.60 231.317
Nov-12 840.15 113.66 3.54 109.16 230.221
Dec-12 830.68 108.34 3.34 109.30 229.601
Jan-13 829.48 109.54 3.34 112.83 230.280
Feb-13 865.12 113.80 3.32 116.31 232.166
Mar-13 864.31 114.04 3.82 108.40 232.773
Apr-13 820.48 115.76 4.17 102.17 232.531
May-13 786.78 113.38 4.05 102.55 232.945
Jun-13 790.87 108.33 3.83 102.95 233.504
Jul-13 811.97 107.81 3.62 107.91 233.596
Aug-13 835.60 103.44 3.42 111.33 233.877
Sep-13 852.57 101.66 3.61 111.91 234.149
Oct-13 824.54 103.04 3.67 109.15 233.546
Nov-13 800.91 102.87 3.63 108.00 233.069
Dec-13 818.90 107.01 4.25 110.85 233.049
Jan-14 817.06 112.23 4.67 108.26 233.916
Feb-14 810.16 113.35 5.94 108.84 234.781
Mar-14 823.54 113.28 4.87 107.55 236.293
Apr-14 801.51 112.50 4.63 107.73 237.072
May-14 809.90 111.27 4.55 109.64 237.900
Jun-14 797.53 113.21 4.57 111.67 238.343
Jul-14 810.66 112.92 4.02 106.63 238.250
Aug-14 780.21 108.59 3.88 101.50 237.852
Sep-14 762.16 107.79 3.92 97.29 238.031
Oct-14 729.11 110.41 3.77 87.42 237.433
Nov-14 672.38 108.33 4.11 78.94 236.151
Dec-14 578.83 104.54 3.38 62.22 234.812
Jan-15 455.58 102.24 2.98 48.17 233.707
Feb-15 470.92 103.14 2.84 58.09 234.722
Mar-15 510.10 95.05 2.80 56.05 236.119
Apr-15 489.25 95.10 2.58 59.27 236.599
May-15 542.36 94.92 2.84 64.36 237.805
Jun-15 520.14 91.75 2.77 61.63 238.638
Jul-15 489.87 90.98 2.83 56.48 238.654
Aug-15 432.21 89.95 2.76 46.67 238.316
Sep-15 421.25 88.87 2.65 47.61 237.945
Oct-15 414.12 86.20 2.32 48.51 237.838
Nov-15 396.02 85.07 2.08 44.26 237.336
Dec-15 359.42 83.95 1.91 38.03 236.525
Jan-16 300.11 83.81 2.27 30.99 236.916
Feb-16 288.50 78.24 1.96 32.46 237.111
Mar-16 319.55 76.27 1.70 38.51 238.132
Apr-16 333.19 75.07 1.90 41.48 239.261
May-16 368.80 76.89 1.92 46.83 240.229
Jun-16 417.65 68.19 2.57 48.28 241.018
Jul-16 406.54 70.65 2.79 45.00 240.628
Aug-16 368.42 74.43 2.79 45.85 240.849
Sep-16 401.17 82.42 2.96 46.69 241.428
Oct-16 421.67 85.96 2.95 49.74 241.729
Nov-16 413.37 90.50 2.52 45.13 241.353
Dec-16 436.13 116.50 3.58 53.57 241.432
Jan-17 465.44 127.79 3.28 54.60 242.839
Feb-17 457.76 123.12 2.82 55.06 243.603
Mar-17 437.68 118.09 2.87 51.60 243.801
Apr-17 441.25 113.41 3.17 52.72 244.524
May-17 418.34 109.43 3.12 50.45 244.733
Jun-17 418.36 109.82 2.94 46.42 244.955
Jul-17 407.86 103.67 2.96 48.51 244.786
Aug-17 446.13 110.49 2.87 51.66 245.519
Sep-17 483.51 117.55 2.96 56.07 246.819
Oct-17 490.35 120.62 2.87 57.28 246.663
Nov-17 508.50 124.71 2.99 62.63 246.669
Dec-17 525.12 125.91 2.79 64.15 246.524
Jan-18 555.66 124.02 3.81 69.01 247.867
Feb-18 556.23 126.67 2.64 65.16 248.991
Mar-18 523.70 133.04 2.67 65.96 249.554
Apr-18 554.50 130.87 2.75 71.58 250.546
May-18 582.83 121.44 2.78 76.85 251.588
Jun-18 595.90 121.46 2.93 74.17 251.989
Jul-18 581.61 130.38 2.80 74.33 252.006
Aug-18 580.03 138.07 2.94 72.64 252.146
Sep-18 598.90 138.69 2.97 78.80 252.439
Oct-18 635.95 133.74 3.25 81.12 252.885
 GAS NATURAL GAS NATURAL
DIESEL GRADO B - HENRY HUB SPOT- HENRY HUB SPOT- CRUDO BRENT DTD CARBON TERMICO - CPI - PROM. 4
PROM. 3 MESES PROM. 6 MESES PROM. 4 MESES - PROM. 6 MESES PROM. 6 MESES MESES
(US$/MMBTU) (US$/MMBTU) (US$/MMBTU) (US$/BBL) (US$/TON)
DIESEL_3m GNL_6m GNL_4m BRENT_6m Carbón_6m CPI_4m

393.54
420.28 192.600
432.81 193.525
435.84 6.67 6.94 49.56 194.200
444.37 6.92 7.12 51.78 194.725
466.51 7.48 7.69 54.91 195.175
512.13 8.31 9.04 56.57 196.275
525.68 9.34 10.60 57.73 197.450
530.22 9.97 11.26 58.82 198.000
500.60 10.96 12.16 59.24 198.100
496.85 11.13 11.36 60.15 197.975
505.70 10.81 9.89 59.48 197.850
520.15 9.98 9.04 59.35 198.400
528.60 8.93 7.57 61.27 199.575
545.52 8.26 6.96 63.72 200.625
562.90 7.12 6.63 65.68 201.675
581.89 6.70 6.44 67.45 202.600
595.53 6.63 6.44 69.61 203.200
599.91 6.30 6.10 69.58 203.300
578.42 6.07 5.99 67.49 203.025
545.67 6.26 6.31 65.67 202.525
523.03 6.37 6.22 64.62 202.000
520.74 6.43 6.64 61.32 201.879
512.18 6.57 7.19 58.71 202.304
514.62 6.94 7.11 58.76 203.267
526.83 7.24 7.31 60.38 204.488
549.20 7.28 7.58 61.79 205.872
570.93 7.37 7.42 63.33 207.085
587.82 7.31 7.20 67.18 207.822
597.51 7.02 6.86 69.39 208.129
594.47 6.85 6.47 71.85 208.265
592.45 6.72 6.33 74.34 208.411
615.13 6.64 6.56 78.55 208.880
659.50 6.60 6.79 81.84 209.410
700.61 6.90 7.27 84.15 210.057
718.95 7.28 7.70 88.20 210.747
730.73 7.84 8.28 92.63 211.584
752.74 8.40 9.03 97.05 212.781
804.52 9.08 9.83 102.11 214.169
875.62 10.00 10.87 108.97 215.950
934.77 10.51 11.27 116.05 217.559
961.46 10.46 10.80 119.05 218.624
936.06 10.17 9.92 118.17 219.162
880.62 9.60 8.43 111.98 218.602
773.99 8.85 7.34 100.23 216.717
641.59 7.70 6.73 84.78 214.502
510.04 6.73 6.12 69.77 212.592
429.62 6.11 5.56 58.11 211.497
385.34 5.49 4.88 49.51 211.568
378.24 4.95 4.30 45.95 212.321
380.86 4.47 3.95 46.74 213.000
409.88 4.14 3.77 51.54 213.875
429.49 3.83 3.63 55.10 214.535
458.92 3.60 3.55 60.06 215.184
477.79 3.45 3.34 63.53 94.54 215.712
496.11 3.54 3.39 67.21 92.98 215.833
518.23 3.51 3.47 70.44 93.35 216.078
531.29 3.77 4.02 71.40 94.16 216.106
555.49 4.17 4.72 73.38 95.79 216.286
558.39 4.53 5.04 73.51 96.92 216.427
569.60 4.75 5.19 75.43 98.33 216.752
579.19 4.75 4.87 77.44 99.59 217.267
597.95 4.82 4.45 77.26 101.76 217.640
593.88 4.74 4.32 77.36 104.35 217.946
585.97 4.54 4.41 77.21 107.94 218.041
578.34 4.37 4.48 77.79 111.07 218.117
582.89 4.30 4.41 77.60 113.75 218.182
595.21 4.20 4.07 77.28 116.29 218.368
610.36 4.13 3.84 78.90 118.78 218.566
638.04 4.04 3.82 81.68 121.08 218.783
666.29 4.01 3.97 85.13 122.71 219.229
701.64 3.97 4.13 89.58 126.69 219.879
753.45 3.99 4.20 95.72 132.40 221.045
814.31 4.12 4.20 102.56 137.88 222.476
860.31 4.22 4.15 107.52 143.90 223.912
868.12 4.27 4.27 111.27 149.37 225.015
852.74 4.26 4.38 114.69 153.08 225.629
842.41 4.26 4.33 115.81 154.15 226.038
840.67 4.24 4.23 115.56 153.31 226.270
830.82 4.13 3.99 113.17 153.36 226.444
832.03 3.95 3.69 112.43 152.42 226.521
829.07 3.72 3.46 111.40 149.99 226.303
836.70 3.43 3.16 110.32 147.51 226.247
835.45 3.17 2.89 111.84 144.65 226.558
861.58 2.89 2.63 113.87 142.00 227.348
887.91 2.62 2.33 115.61 138.33 228.451
894.27 2.49 2.27 115.56 134.52 229.239
849.92 2.37 2.25 113.26 131.80 229.693
799.51 2.41 2.45 111.96 128.09 229.621
782.89 2.47 2.67 110.95 124.28 229.694
820.02 2.58 2.77 108.88 120.74 230.092
860.08 2.81 2.99 107.51 118.68 230.552
866.77 2.99 3.13 107.31 116.50 230.831
849.50 3.14 3.26 109.84 113.52 230.637
833.44 3.20 3.39 111.55 112.36 230.355
841.76 3.28 3.39 112.03 112.68 230.567
852.97 3.45 3.46 111.27 112.80 231.205
849.97 3.59 3.66 109.70 112.52 231.938
823.86 3.67 3.84 108.59 112.48 232.604
799.38 3.75 3.96 107.54 112.48 232.938
796.54 3.80 3.91 106.71 112.19 233.144
812.81 3.82 3.73 105.89 110.46 233.481
833.38 3.78 3.62 106.47 108.40 233.782
837.57 3.70 3.58 107.63 106.28 233.792
826.01 3.63 3.58 108.54 104.53 233.660
814.78 3.70 3.79 109.86 104.31 233.453
812.29 3.88 4.06 109.92 105.04 233.395
815.37 4.30 4.62 109.50 106.69 233.704
816.92 4.51 4.93 108.77 108.63 234.510
811.74 4.67 5.03 108.54 110.21 235.516
811.65 4.82 5.00 108.81 111.61 236.512
802.98 4.87 4.66 108.95 112.64 237.402
806.03 4.77 4.44 108.68 112.76 237.891
796.13 4.42 4.26 107.45 111.96 238.086
784.34 4.26 4.10 105.74 111.05 238.119
757.16 4.12 3.90 102.36 110.70 237.892
721.22 4.05 3.92 97.24 110.21 237.367
660.11 3.85 3.80 89.00 108.76 236.607
568.93 3.67 3.56 79.26 106.98 235.526
501.78 3.50 3.33 72.02 106.08 234.848
478.87 3.31 3.00 65.15 103.95 234.840
490.09 3.12 2.80 60.46 101.40 235.287
513.90 2.90 2.77 58.03 99.17 236.311
517.25 2.80 2.75 57.93 97.03 237.290
517.46 2.78 2.76 59.31 95.16 237.924
480.74 2.76 2.80 57.41 92.96 238.353
447.78 2.74 2.75 56.00 91.93 238.388
422.53 2.69 2.64 54.21 90.45 238.188
410.46 2.57 2.45 50.86 88.80 237.859
389.85 2.42 2.24 46.93 87.50 237.411
351.85 2.33 2.14 42.68 86.31 237.154
316.01 2.20 2.05 40.31 84.36 236.972
302.72 2.04 1.96 38.79 82.26 237.171
313.75 1.97 1.96 37.62 80.40 237.855
340.51 1.94 1.87 38.05 79.04 238.683
373.21 2.05 2.02 39.76 76.41 239.660
397.66 2.14 2.29 42.09 74.22 240.284
397.54 2.28 2.52 44.32 73.58 240.681
392.04 2.49 2.78 45.69 74.61 240.981
397.09 2.66 2.87 47.06 76.42 241.159
412.07 2.76 2.81 46.78 78.69 241.340
423.72 2.93 3.00 47.66 86.74 241.486
438.31 3.02 3.08 49.26 96.27 241.838
453.11 3.02 3.05 50.80 104.38 242.307
453.63 3.00 3.14 51.62 110.33 242.919
445.56 3.04 3.04 52.11 114.90 243.692
432.42 3.14 3.00 53.00 118.06 244.165
425.98 3.03 3.03 51.81 116.94 244.503
414.85 2.98 3.05 50.79 112.92 244.750
424.12 2.99 2.97 50.23 110.82 244.998
445.83 3.00 2.93 50.97 110.73 245.520
473.33 2.95 2.91 51.73 111.93 245.947
494.12 2.93 2.92 53.76 114.48 246.418
507.99 2.91 2.90 56.72 117.16 246.669
529.76 3.05 3.11 60.13 120.55 246.931
545.67 3.01 3.06 62.38 123.25 247.513
545.20 2.96 2.98 64.03 125.83 248.234
544.81 2.94 2.97 66.41 127.54 249.240
553.68 2.91 2.71 68.78 126.99 250.170
577.74 2.93 2.78 70.45 126.25 250.919
586.78 2.76 2.82 71.34 127.31 251.532
585.85 2.81 2.86 72.59 129.21 251.932
586.85 2.86 2.91 74.73 130.15 252.145
604.96 2.94 2.99 76.32 130.63 252.369
 Costo de
Costo de Suministro Costo de
Suministro de
de Corto Plazo- Suministro de Corto
CPI - PROM. 6 CPI - PROM. 9 Corto Plazo-
ALTO JAHUEL Plazo- POLPAICO
MESES MESES QUILLOTA

(US$/MWh) (US$/MWh) (US$/MWh)

CPI_6m CPI_9m CSCP-aj CSCP-p CSCP-q

193.217
194.000
194.767
195.683 194.433
196.450 195.378
196.983 196.022
197.367 196.411
197.850 196.822
198.233 197.300
198.400 197.889
198.783 198.567
199.600 199.244
200.617 199.700
201.483 200.178
202.350 200.878
202.867 201.556
202.917 201.944
202.750 202.256
202.567 202.478
202.386 202.580
202.319 202.691
202.728 202.963
203.542 203.317
204.617 203.767
205.709 204.373
206.690 205.095
207.426 205.808
207.949 206.551
208.324 207.276
208.695 208.018
208.976 208.538
209.439 209.026
210.069 209.442
210.908 210.017
211.890 210.742
212.965 211.711
214.429 212.858
215.909 214.083
217.141 215.073
218.017 216.045
218.309 216.655
217.608 216.737
216.177 216.370
214.706 215.961
213.558 215.468
212.545 214.789 134.2 132.4 130.7
211.990 214.042 136.9 135.2 133.1
212.228 213.461 120.9 119.7 117.6
213.139 213.118 111.6 110.7 108.8
213.840 212.982 104.6 104.0 102.8
214.447 213.361 105.1 104.5 103.4
214.991 213.999 91.1 91.0 90.5
215.480 214.558 91.6 91.5 91.1
215.892 215.018 87.6 90.5 90.2
215.935 215.378 86.2 96.4 96.1
216.158 215.761 89.7 100.5 100.0
216.309 216.081 105.5 113.3 112.3
216.586 216.297 131.8 129.4 127.2
216.891 216.592 141.4 136.4 133.9
217.199 216.852 144.3 138.7 135.9
217.535 217.074 149.0 144.5 140.9
217.756 217.278 153.1 145.9 141.0
218.018 217.498 165.3 152.5 144.9
218.152 217.775 157.4 145.4 138.6
218.269 218.000 151.2 140.9 134.4
218.374 218.229 137.8 129.5 124.3
218.576 218.401 164.4 140.5 135.5
218.945 218.647 178.8 150.9 146.7
219.444 218.995 211.7 181.0 177.6
220.282 219.606 230.3 210.5 204.5
221.315 220.372 246.2 229.4 221.7
222.508 221.222 247.1 231.9 223.5
223.599 222.032 244.5 219.9 212.8
224.548 222.833 234.5 211.6 204.4
225.421 223.693 207.3 187.8 181.5
225.991 224.550 177.6 172.1 167.0
226.244 225.238 158.3 155.0 152.0
226.288 225.785 154.8 154.2 152.3
226.280 226.030 157.5 156.7 155.3
226.404 226.226 174.2 172.6 170.5
226.590 226.414 184.4 182.0 179.1
227.007 226.822 208.9 205.7 201.7
227.618 227.285 238.9 234.8 230.0
228.215 227.648 263.0 258.0 252.6
228.850 227.936 231.2 226.9 222.4
229.256 228.234 - - -
229.709 228.695 - - -
230.045 229.332 - - -
230.250 229.849 - - -
230.318 230.133 - - -
230.338 230.156 - - -
230.534 230.178 - - -
230.832 230.439 - - -
231.060 230.805 - - -
231.262 231.186 - - -
231.716 231.471 - - -
232.367 231.704 - - -
232.919 231.957 - - -
233.204 232.364 - - -
233.434 232.869 - - -
233.603 233.232 - - -
233.624 233.332 - - -
233.548 233.363 - - -
233.601 233.517 - - -
233.752 233.721 - - -
234.109 234.031 - - -
234.697 234.417 - - -
235.502 234.864 - - -
236.384 235.330 - - -
237.107 235.853 - - -
237.618 236.384 - - -
237.908 236.938 - - -
237.968 237.328 - - -
237.677 237.481 - - -
237.088 237.316 - - -
236.331 236.942 - - -
235.809 236.589 - - -
235.491 236.342 - - -
235.352 236.158 - - -
235.627 236.153 - - -
236.265 236.221 - - -
237.090 236.356 - - -
237.689 236.597 - - -
237.993 236.945 - - -
238.199 237.404 - - -
238.121 237.694 - - -
237.769 237.740 - - -
237.479 237.775 - - -
237.279 237.698 - - -
237.310 237.641 - - -
237.547 237.709 - - -
238.029 237.921 - - -
238.778 238.263 - - -
239.397 238.573 - - -
240.020 238.963 - - -
240.569 239.508 - - -
240.980 240.043 - - -
241.168 240.514 - - -
241.237 240.881 - - -
241.605 241.278 - - -
242.064 241.653 - - -
242.460 241.962 - - -
242.925 242.395 - - -
243.489 242.827 - - -
244.076 243.219 - - -
244.400 243.558 - - -
244.720 244.021 - - -
245.223 244.620 - - -
245.579 245.045 - - -
245.902 245.385 - - -
246.163 245.688 - - -
246.677 246.059 - - -
247.256 246.533 - - -
247.711 247.044 - - -
248.359 247.684 - - -
249.178 248.358 - - -
250.089 248.932 - - -
250.779 249.526 - - -
251.305 250.135 - - -
251.786 250.792 - - -
252.176 251.349 - - -
PARA EFECTOS DE LA EVALUACIÓN DE LAS FÓRMULAS DE INDEXACIÓN DE LOS PRECIOS
DE LOS CONTRATOS CORRESPONDIENTES SE HAN CONSIDERADO LOS SIGUIENTES
ÍNDICES

PETROLEO DIESEL CARBON TERMICO GAS NATURAL HENRY

CPI
GRADO B EQ. 7.000 KCAL/KG HUB SPOT

(US$/M3) (US$/TON) (US$/MMBTU)

Aplicación (1)
DIESEL CARBÓN GNL CPI
Jan-10 542.88 91.14 3.70 216.177
Feb-10 573.19 95.01 5.33 216.330
Mar-10 559.10 100.02 5.81 215.949
Apr-10 576.51 102.83 5.33 216.687
May-10 601.96 105.20 4.29 216.741
Jun-10 615.38 103.32 4.03 217.631
Jul-10 564.31 104.20 4.15 218.009
Aug-10 578.22 110.53 4.81 218.178
Sep-10 592.48 121.56 4.63 217.965
Oct-10 577.98 121.63 4.32 218.011
Nov-10 615.18 121.23 3.89 218.312
Dec-10 637.93 118.59 3.43 218.439
Jan-11 661.00 119.13 3.72 218.711
Feb-11 699.94 124.32 4.24 218.803
Mar-11 743.98 131.35 4.49 219.179
Apr-11 816.43 145.51 4.08 220.223
May-11 882.53 155.48 3.97 221.309
Jun-11 881.96 151.51 4.24 223.467
Jul-11 839.87 155.20 4.31 224.906
Aug-11 836.38 157.19 4.54 225.964
Sep-11 850.99 153.61 4.42 225.722
Oct-11 834.64 151.92 4.05 225.922
Nov-11 806.82 150.44 3.91 226.545
Dec-11 854.64 151.77 3.57 226.889
Jan-12 825.76 149.58 3.22 226.421
Feb-12 829.70 142.61 3.16 226.230
Mar-12 850.88 138.73 2.68 225.672
Apr-12 904.15 134.75 2.51 226.665
May-12 908.70 134.55 2.17 227.663
Jun-12 869.96 129.76 1.95 229.392
Jul-12 771.10 126.73 2.44 230.085
Aug-12 757.48 126.26 2.46 229.815
Sep-12 820.09 116.49 2.95 229.478
Oct-12 882.48 111.89 2.84 229.104
Nov-12 877.67 113.30 2.84 230.379
Dec-12 840.15 117.41 3.32 231.407
Jan-13 830.68 113.66 3.54 231.317
Feb-13 829.48 108.34 3.34 230.221
Mar-13 865.12 109.54 3.34 229.601
Apr-13 864.31 113.80 3.32 230.280
May-13 820.48 114.04 3.82 232.166
Jun-13 786.78 115.76 4.17 232.773
Jul-13 790.87 113.38 4.05 232.531
Aug-13 811.97 108.33 3.83 232.945
Sep-13 835.60 107.81 3.62 233.504
Oct-13 852.57 103.44 3.42 233.596
Nov-13 824.54 101.66 3.61 233.877
Dec-13 800.91 103.04 3.67 234.149
Jan-14 818.90 102.87 3.63 233.546
Feb-14 817.06 107.01 4.25 233.069
Mar-14 810.16 112.23 4.67 233.049
Apr-14 823.54 113.35 5.94 233.916
May-14 801.51 113.28 4.87 234.781
Jun-14 809.90 112.50 4.63 236.293
Jul-14 797.53 111.27 4.55 237.072
Aug-14 810.66 113.21 4.57 237.900
Sep-14 780.21 112.92 4.02 238.343
Oct-14 762.16 108.59 3.88 238.250
Nov-14 729.11 107.79 3.92 237.852
Dec-14 672.38 110.41 3.77 238.031
Jan-15 578.83 108.33 4.11 237.433
Feb-15 455.58 104.54 3.38 236.151
Mar-15 470.92 102.24 2.98 234.812
Apr-15 510.10 103.14 2.84 233.707
May-15 489.25 95.05 2.80 234.722
Jun-15 542.36 95.10 2.58 236.119
Jul-15 520.14 94.92 2.84 236.599
Aug-15 489.87 91.75 2.77 237.805
Sep-15 432.21 90.98 2.83 238.638
Oct-15 421.25 89.95 2.76 238.654
Nov-15 414.12 88.87 2.65 238.316
Dec-15 396.02 86.20 2.32 237.945
Jan-16 359.42 85.07 2.08 237.838
Feb-16 300.11 83.95 1.91 237.336
Mar-16 288.50 83.81 2.27 236.525
Apr-16 319.55 78.24 1.96 236.916
May-16 333.19 76.27 1.70 237.111
Jun-16 368.80 75.07 1.90 238.132
Jul-16 417.65 76.89 1.92 239.261
Aug-16 406.54 68.19 2.57 240.229
Sep-16 368.42 70.65 2.79 241.018
Oct-16 401.17 74.43 2.79 240.628
Nov-16 421.67 82.42 2.96 240.849
Dec-16 413.37 85.96 2.95 241.428
Jan-17 436.13 90.50 2.52 241.729
Feb-17 465.44 116.50 3.58 241.353
Mar-17 457.76 127.79 3.28 241.432
Apr-17 437.68 123.12 2.82 242.839
May-17 441.25 118.09 2.87 243.603
Jun-17 418.34 113.41 3.17 243.801
Jul-17 418.36 109.43 3.12 244.524
Aug-17 407.86 109.82 2.94 244.733
Sep-17 446.13 103.67 2.96 244.955
Oct-17 483.51 110.49 2.87 244.786
Nov-17 490.35 117.55 2.96 245.519
Dec-17 508.50 120.62 2.87 246.819
Jan-18 525.12 124.71 2.99 246.663
Feb-18 555.66 125.91 2.79 246.669
Mar-18 556.23 124.02 3.81 246.524
Apr-18 523.70 126.67 2.64 247.867
May-18 554.50 133.04 2.67 248.991
Jun-18 582.83 130.87 2.75 249.554
Jul-18 595.90 121.44 2.78 250.546
Aug-18 581.61 121.46 2.93 251.588
Sep-18 580.03 130.38 2.80 251.989
Oct-18 598.90 138.07 2.94 252.006
 CIÓN DE LOS PRECIOS
DO LOS SIGUIENTES
PARA EFECTOS DE LA EVALUACIÓN DE LAS FÓRMULAS DE INDEXACIÓN DE LOS PRECIOS DE
LOS CONTRATOS CORRESPONDIENTES SE HAN CONSIDERADO LOS SIGUIENTES ÍNDICES

GAS NATURAL HENRY HUB

CPI - PROM. 6 MESES
SPOT- PROM. 6 MESES
(US$/MMBTU)
Aplicación (1)
GNL_6m CPI_6m
Jan-10 3.54 215.480
Feb-10 3.51 215.892
Mar-10 3.77 215.935
Apr-10 4.17 216.158
May-10 4.53 216.309
Jun-10 4.75 216.586
Jul-10 4.75 216.891
Aug-10 4.82 217.199
Sep-10 4.74 217.535
Oct-10 4.54 217.756
Nov-10 4.37 218.018
Dec-10 4.30 218.152
Jan-11 4.20 218.269
Feb-11 4.13 218.374
Mar-11 4.04 218.576
Apr-11 4.01 218.945
May-11 3.97 219.444
Jun-11 3.99 220.282
Jul-11 4.12 221.315
Aug-11 4.22 222.508
Sep-11 4.27 223.599
Oct-11 4.26 224.548
Nov-11 4.26 225.421
Dec-11 4.24 225.991
Jan-12 4.13 226.244
Feb-12 3.95 226.288
Mar-12 3.72 226.280
Apr-12 3.43 226.404
May-12 3.17 226.590
Jun-12 2.89 227.007
Jul-12 2.62 227.618
Aug-12 2.49 228.215
Sep-12 2.37 228.850
Oct-12 2.41 229.256
Nov-12 2.47 229.709
Dec-12 2.58 230.045
Jan-13 2.81 230.250
Feb-13 2.99 230.318
Mar-13 3.14 230.338
Apr-13 3.20 230.534
May-13 3.28 230.832
Jun-13 3.45 231.060
Jul-13 3.59 231.262
Aug-13 3.67 231.716
Sep-13 3.75 232.367
Oct-13 3.80 232.919
Nov-13 3.82 233.204
Dec-13 3.78 233.434
Jan-14 3.70 233.603
Feb-14 3.63 233.624
Mar-14 3.70 233.548
Apr-14 3.88 233.601
May-14 4.30 233.752
Jun-14 4.51 234.109
Jul-14 4.67 234.697
Aug-14 4.82 235.502
Sep-14 4.87 236.384
Oct-14 4.77 237.107
Nov-14 4.42 237.618
Dec-14 4.26 237.908
Jan-15 4.12 237.968
Feb-15 4.05 237.677
Mar-15 3.85 237.088
Apr-15 3.67 236.331
May-15 3.50 235.809
Jun-15 3.31 235.491
Jul-15 3.12 235.352
Aug-15 2.90 235.627
Sep-15 2.80 236.265
Oct-15 2.78 237.090
Nov-15 2.76 237.689
Dec-15 2.74 237.993
Jan-16 2.69 238.199
Feb-16 2.57 238.121
Mar-16 2.42 237.769
Apr-16 2.33 237.479
May-16 2.20 237.279
Jun-16 2.04 237.310
Jul-16 1.97 237.547
Aug-16 1.94 238.029
Sep-16 2.05 238.778
Oct-16 2.14 239.397
Nov-16 2.28 240.020
Dec-16 2.49 240.569
Jan-17 2.66 240.980
Feb-17 2.76 241.168
Mar-17 2.93 241.237
Apr-17 3.02 241.605
May-17 3.02 242.064
Jun-17 3.00 242.460
Jul-17 3.04 242.925
Aug-17 3.14 243.489
Sep-17 3.03 244.076
Oct-17 2.98 244.400
Nov-17 2.99 244.720
Dec-17 3.00 245.223
Jan-18 2.95 245.579
Feb-18 2.93 245.902
Mar-18 2.91 246.163
Apr-18 3.05 246.677
May-18 3.01 247.256
Jun-18 2.96 247.711
Jul-18 2.94 248.359
Aug-18 2.91 249.178
Sep-18 2.93 250.089
Oct-18 2.76 250.779
N DE LOS PRECIOS DE
SIGUIENTES ÍNDICES
PARA EFECTOS DE LA EVALUACIÓN DE LAS FÓRMULAS DE INDEXACIÓN DE LOS
PRECIOS DE LOS CONTRATOS CORRESPONDIENTES SE HAN CONSIDERADO LOS
SIGUIENTES ÍNDICES

Costo de Costo de Costo de

DIESEL GRADO
CPI - PROM. 9 Suministro de Suministro de Suministro de
B - PROM. 3
MESES Corto Plazo- Corto Plazo- Corto Plazo-
MESES
ALTO JAHUEL POLPAICO QUILLOTA

(US$/M3) (US$/MWh) (US$/MWh) (US$/MWh)

Aplicación (1) DIESEL_3m CPI_9m CSCP-aj CSCP-p CSCP-q
Jan-10 518.23 214.558 87.6 90.5 90.2
Feb-10 531.29 215.018 86.2 96.4 96.1
Mar-10 555.49 215.378 89.7 100.5 100.0
Apr-10 558.39 215.761 105.5 113.3 112.3
May-10 569.60 216.081 131.8 129.4 127.2
Jun-10 579.19 216.297 141.4 136.4 133.9
Jul-10 597.95 216.592 144.3 138.7 135.9
Aug-10 593.88 216.852 149.0 144.5 140.9
Sep-10 585.97 217.074 153.1 145.9 141.0
Oct-10 578.34 217.278 165.3 152.5 144.9
Nov-10 582.89 217.498 157.4 145.4 138.6
Dec-10 595.21 217.775 151.2 140.9 134.4
Jan-11 610.36 218.000 137.8 129.5 124.3
Feb-11 638.04 218.229 164.4 140.5 135.5
Mar-11 666.29 218.401 178.8 150.9 146.7
Apr-11 701.64 218.647 211.7 181.0 177.6
May-11 753.45 218.995 230.3 210.5 204.5
Jun-11 814.31 219.606 246.2 229.4 221.7
Jul-11 860.31 220.372 247.1 231.9 223.5
Aug-11 868.12 221.222 244.5 219.9 212.8
Sep-11 852.74 222.032 234.5 211.6 204.4
Oct-11 842.41 222.833 207.3 187.8 181.5
Nov-11 840.67 223.693 177.6 172.1 167.0
Dec-11 830.82 224.550 158.3 155.0 152.0
Jan-12 832.03 225.238 154.8 154.2 152.3
Feb-12 829.07 225.785 157.5 156.7 155.3
Mar-12 836.70 226.030 174.2 172.6 170.5
Apr-12 835.45 226.226 184.4 182.0 179.1
May-12 861.58 226.414 208.9 205.7 201.7
Jun-12 887.91 226.822 238.9 234.8 230.0
Jul-12 894.27 227.285 263.0 258.0 252.6
Aug-12 849.92 227.648 231.2 226.9 222.4
Sep-12 799.51 227.936 - - -
Oct-12 782.89 228.234 - - -
Nov-12 820.02 228.695 - - -
Dec-12 860.08 229.332 - - -
Jan-13 866.77 229.849 - - -
Feb-13 849.50 230.133 - - -
Mar-13 833.44 230.156 - - -
Apr-13 841.76 230.178 - - -
May-13 852.97 230.439 - - -
Jun-13 849.97 230.805 - - -
Jul-13 823.86 231.186 - - -
Aug-13 799.38 231.471 - - -
Sep-13 796.54 231.704 - - -
Oct-13 812.81 231.957 - - -
Nov-13 833.38 232.364 - - -
Dec-13 837.57 232.869 - - -
Jan-14 826.01 233.232 - - -
Feb-14 814.78 233.332 - - -
Mar-14 812.29 233.363 - - -
Apr-14 815.37 233.517 - - -
May-14 816.92 233.721 - - -
Jun-14 811.74 234.031 - - -
Jul-14 811.65 234.417 - - -
Aug-14 802.98 234.864 - - -
Sep-14 806.03 235.330 - - -
Oct-14 796.13 235.853 - - -
Nov-14 784.34 236.384 - - -
Dec-14 757.16 236.938 - - -
Jan-15 721.22 237.328 - - -
Feb-15 660.11 237.481 - - -
Mar-15 568.93 237.316 - - -
Apr-15 501.78 236.942 - - -
May-15 478.87 236.589 - - -
Jun-15 490.09 236.342 - - -
Jul-15 513.90 236.158 - - -
Aug-15 517.25 236.153 - - -
Sep-15 517.46 236.221 - - -
Oct-15 480.74 236.356 - - -
Nov-15 447.78 236.597 - - -
Dec-15 422.53 236.945 - - -
Jan-16 410.46 237.404 - - -
Feb-16 389.85 237.694 - - -
Mar-16 351.85 237.740 - - -
Apr-16 316.01 237.775 - - -
May-16 302.72 237.698 - - -
Jun-16 313.75 237.641 - - -
Jul-16 340.51 237.709 - - -
Aug-16 373.21 237.921 - - -
Sep-16 397.66 238.263 - - -
Oct-16 397.54 238.573 - - -
Nov-16 392.04 238.963 - - -
Dec-16 397.09 239.508 - - -
Jan-17 412.07 240.043 - - -
Feb-17 423.72 240.514 - - -
Mar-17 438.31 240.881 - - -
Apr-17 453.11 241.278 - - -
May-17 453.63 241.653 - - -
Jun-17 445.56 241.962 - - -
Jul-17 432.42 242.395 - - -
Aug-17 425.98 242.827 - - -
Sep-17 414.85 243.219 - - -
Oct-17 424.12 243.558 - - -
Nov-17 445.83 244.021 - - -
Dec-17 473.33 244.620 - - -
Jan-18 494.12 245.045 - - -
Feb-18 507.99 245.385 - - -
Mar-18 529.76 245.688 - - -
Apr-18 545.67 246.059 - - -
May-18 545.20 246.533 - - -
Jun-18 544.81 247.044 - - -
Jul-18 553.68 247.684 - - -
Aug-18 577.74 248.358 - - -
Sep-18 586.78 248.932 - - -
Oct-18 585.85 249.526 - - -
PARA EFECTOS DE LA EVALUACIÓN DE LAS FÓRMULAS DE INDEXACIÓN DE LOS
PRECIOS DE LOS CONTRATOS CORRESPONDIENTES SE HAN CONSIDERADO LOS
SIGUIENTES ÍNDICES

GAS NATURAL
HENRY HUB
SPOT- PROM. 4 CPI - PROM. 4
MESES MESES
(US$/MMBTU)
Aplicación (1)
GNL_4m CPI_4m
Jan-12 3.99 226.444
Feb-12 3.69 226.521
Mar-12 3.46 226.303
Apr-12 3.16 226.247
May-12 2.89 226.558
Jun-12 2.63 227.348
Jul-12 2.33 228.451
Aug-12 2.27 229.239
Sep-12 2.25 229.693
Oct-12 2.45 229.621
Nov-12 2.67 229.694
Dec-12 2.77 230.092
Jan-13 2.99 230.552
Feb-13 3.13 230.831
Mar-13 3.26 230.637
Apr-13 3.39 230.355
May-13 3.39 230.567
Jun-13 3.46 231.205
Jul-13 3.66 231.938
Aug-13 3.84 232.604
Sep-13 3.96 232.938
Oct-13 3.91 233.144
Nov-13 3.73 233.481
Dec-13 3.62 233.782
Jan-14 3.58 233.792
Feb-14 3.58 233.660
Mar-14 3.79 233.453
Apr-14 4.06 233.395
May-14 4.62 233.704
Jun-14 4.93 234.510
Jul-14 5.03 235.516
Aug-14 5.00 236.512
Sep-14 4.66 237.402
Oct-14 4.44 237.891
Nov-14 4.26 238.086
Dec-14 4.10 238.119
Jan-15 3.90 237.892
Feb-15 3.92 237.367
Mar-15 3.80 236.607
Apr-15 3.56 235.526
May-15 3.33 234.848
Jun-15 3.00 234.840
Jul-15 2.80 235.287
Aug-15 2.77 236.311
Sep-15 2.75 237.290
Oct-15 2.76 237.924
Nov-15 2.80 238.353
Dec-15 2.75 238.388
Jan-16 2.64 238.188
Feb-16 2.45 237.859
Mar-16 2.24 237.411
Apr-16 2.14 237.154
May-16 2.05 236.972
Jun-16 1.96 237.171
Jul-16 1.96 237.855
Aug-16 1.87 238.683
Sep-16 2.02 239.660
Oct-16 2.29 240.284
Nov-16 2.52 240.681
Dec-16 2.78 240.981
Jan-17 2.87 241.159
Feb-17 2.81 241.340
Mar-17 3.00 241.486
Apr-17 3.08 241.838
May-17 3.05 242.307
Jun-17 3.14 242.919
Jul-17 3.04 243.692
Aug-17 3.00 244.165
Sep-17 3.03 244.503
Oct-17 3.05 244.750
Nov-17 2.97 244.998
Dec-17 2.93 245.520
Jan-18 2.91 245.947
Feb-18 2.92 246.418
Mar-18 2.90 246.669
Apr-18 3.11 246.931
May-18 3.06 247.513
Jun-18 2.98 248.234
Jul-18 2.97 249.240
Aug-18 2.71 250.170
Sep-18 2.78 250.919
Oct-18 2.82 251.532
PARA EFECTOS DE LA EVALUACIÓN DE LAS FÓRMULAS DE INDEXACIÓN DE LOS
PRECIOS DE LOS CONTRATOS CORRESPONDIENTES SE HAN CONSIDERADO LOS
SIGUIENTES ÍNDICES

CRUDO BRENT
DTD - PROM. 6 CARBON TERMICO CPI - PROM. 6
MESES - PROM. 6 MESES MESES
(US$/BBL) (US$/TON)
Aplicación (1)
BRENT_6m Carbón_6m CPI_6m
Jan-12 113.17 153.355 226.244
Feb-12 112.43 152.418 226.288
Mar-12 111.40 149.988 226.28
Apr-12 110.32 147.508 226.404
May-12 111.84 144.647 226.59
Jun-12 113.87 141.998 227.007
Jul-12 115.61 138.330 227.618
Aug-12 115.56 134.522 228.215
Sep-12 113.26 131.797 228.85
Oct-12 111.96 128.090 229.256
Nov-12 110.95 124.280 229.709
Dec-12 108.88 120.740 230.045
Jan-13 107.51 118.680 230.25
Feb-13 107.31 116.500 230.318
Mar-13 109.84 113.520 230.338
Apr-13 111.55 112.360 230.534
May-13 112.03 112.680 230.832
Jun-13 111.27 112.800 231.06
Jul-13 109.70 112.520 231.262
Aug-13 108.59 112.480 231.716
Sep-13 107.54 112.480 232.367
Oct-13 106.71 112.190 232.919
Nov-13 105.89 110.460 233.204
Dec-13 106.47 108.400 233.434
Jan-14 107.63 106.280 233.603
Feb-14 108.54 104.530 233.624
Mar-14 109.86 104.310 233.548
Apr-14 109.92 105.040 233.601
May-14 109.50 106.690 233.752
Jun-14 108.77 108.630 234.109
Jul-14 108.54 110.210 234.697
Aug-14 108.81 111.610 235.502
Sep-14 108.95 112.640 236.384
Oct-14 108.68 112.760 237.107
Nov-14 107.45 111.960 237.618
Dec-14 105.74 111.050 237.908
Jan-15 102.36 110.700 237.968
Feb-15 97.24 110.210 237.677
Mar-15 89.00 108.760 237.088
Apr-15 79.26 106.980 236.331
May-15 72.02 106.080 235.809
Jun-15 65.15 103.950 235.491
Jul-15 60.46 101.400 235.352
Aug-15 58.03 99.170 235.627
Sep-15 57.93 97.030 236.265
Oct-15 59.31 95.160 237.09
Nov-15 57.41 92.960 237.689
Dec-15 56.00 91.930 237.993
Jan-16 54.21 90.450 238.199
Feb-16 50.86 88.800 238.121
Mar-16 46.93 87.500 237.769
Apr-16 42.68 86.310 237.479
May-16 40.31 84.360 237.279
Jun-16 38.79 82.260 237.31
Jul-16 37.62 80.400 237.547
Aug-16 38.05 79.040 238.029
Sep-16 39.76 76.410 238.778
Oct-16 42.09 74.220 239.397
Nov-16 44.32 73.580 240.02
Dec-16 45.69 74.610 240.569
Jan-17 47.06 76.420 240.98
Feb-17 46.78 78.690 241.168
Mar-17 47.66 86.740 241.237
Apr-17 49.26 96.270 241.605
May-17 50.80 104.380 242.064
Jun-17 51.62 110.330 242.46
Jul-17 52.11 114.900 242.925
Aug-17 53.00 118.060 243.489
Sep-17 51.81 116.940 244.076
Oct-17 50.79 112.920 244.4
Nov-17 50.23 110.820 244.72
Dec-17 50.97 110.730 245.223
Jan-18 51.73 111.930 245.579
Feb-18 53.76 114.480 245.902
Mar-18 56.72 117.160 246.163
Apr-18 60.13 120.550 246.677
May-18 62.38 123.250 247.256
Jun-18 64.03 125.830 247.711
Jul-18 66.41 127.540 248.359
Aug-18 68.78 126.990 249.178
Sep-18 70.45 126.250 250.089
Oct-18 71.34 127.310 250.779
PARA EFECTOS DE LA EVALUACIÓN DE LAS FÓRMULAS DE INDEXACIÓN DE LOS
PRECIOS DE LOS CONTRATOS CORRESPONDIENTES SE HAN CONSIDERADO LOS
SIGUIENTES ÍNDICES

CRUDO BRENT CARBON

DTD - PROM. 6 CPI - PROM. 6 TERMICO -
MESES MESES PROM. 6 MESES
(US$/BBL) (US$/TON)
Aplicación (1)
BRENT_6m CPI_6m Carbón_6m
Jan-12 113.17 226.244 153.355
Feb-12 112.43 226.288 152.418
Mar-12 111.40 226.280 149.988
Apr-12 110.32 226.404 147.508
May-12 111.84 226.590 144.647
Jun-12 113.87 227.007 141.998
Jul-12 115.61 227.618 138.330
Aug-12 115.56 228.215 134.522
Sep-12 113.26 228.850 131.797
Oct-12 111.96 229.256 128.090
Nov-12 110.95 229.709 124.280
Dec-12 108.88 230.045 120.740
Jan-13 107.51 230.250 118.680
Feb-13 107.31 230.318 116.500
Mar-13 109.84 230.338 113.520
Apr-13 111.55 230.534 112.360
May-13 112.03 230.832 112.680
Jun-13 111.27 231.060 112.800
Jul-13 109.70 231.262 112.520
Aug-13 108.59 231.716 112.480
Sep-13 107.54 232.367 112.480
Oct-13 106.71 232.919 112.190
Nov-13 105.89 233.204 110.460
Dec-13 106.47 233.434 108.400
Jan-14 107.63 233.603 106.280
Feb-14 108.54 233.624 104.530
Mar-14 109.86 233.548 104.310
Apr-14 109.92 233.601 105.040
May-14 109.50 233.752 106.690
Jun-14 108.77 234.109 108.630
Jul-14 108.54 234.697 110.210
Aug-14 108.81 235.502 111.610
Sep-14 108.95 236.384 112.640
Oct-14 108.68 237.107 112.760
Nov-14 107.45 237.618 111.960
Dec-14 105.74 237.908 111.050
Jan-15 102.36 237.968 110.700
Feb-15 97.24 237.677 110.210
Mar-15 89.00 237.088 108.760
Apr-15 79.26 236.331 106.980
May-15 72.02 235.809 106.080
Jun-15 65.15 235.491 103.950
Jul-15 60.46 235.352 101.400
Aug-15 58.03 235.627 99.170
Sep-15 57.93 236.265 97.030
Oct-15 59.31 237.090 95.160
Nov-15 57.41 237.689 92.960
Dec-15 56.00 237.993 91.930
Jan-16 54.21 238.199 90.450
Feb-16 50.86 238.121 88.800
Mar-16 46.93 237.769 87.500
Apr-16 42.68 237.479 86.310
May-16 40.31 237.279 84.360
Jun-16 38.79 237.310 82.260
Jul-16 37.62 237.547 80.400
Aug-16 38.05 238.029 79.040
Sep-16 39.76 238.778 76.410
Oct-16 42.09 239.397 74.220
Nov-16 44.32 240.020 73.580
Dec-16 45.69 240.569 74.610
Jan-17 47.06 240.980 76.420
Feb-17 46.78 241.168 78.690
Mar-17 47.66 241.237 86.740
Apr-17 49.26 241.605 96.270
May-17 50.80 242.064 104.380
Jun-17 51.62 242.460 110.330
Jul-17 52.11 242.925 114.900
Aug-17 53.00 243.489 118.060
Sep-17 51.81 244.076 116.940
Oct-17 50.79 244.400 112.920
Nov-17 50.23 244.720 110.820
Dec-17 50.97 245.223 110.730
Jan-18 51.73 245.579 111.930
Feb-18 53.76 245.902 114.480
Mar-18 56.72 246.163 117.160
Apr-18 60.13 246.677 120.550
May-18 62.38 247.256 123.250
Jun-18 64.03 247.711 125.830
Jul-18 66.41 248.359 127.540
Aug-18 68.78 249.178 126.990
Sep-18 70.45 250.089 126.250
Oct-18 71.34 250.779 127.310
PARA EFECTOS DE LA EVALUACIÓN DE LAS FÓRMULAS DE INDEXACIÓN DE LOS
PRECIOS DE LOS CONTRATOS CORRESPONDIENTES SE HAN CONSIDERADO LOS
SIGUIENTES ÍNDICES

CRUDO BRENT CARBON GAS NATURAL

DTD - PROM. 6 CPI - PROM. 6 TERMICO - HENRY HUB SPOT-
MESES MESES PROM. 6 MESES PROM. 6 MESES

(US$/BBL) (US$/TON) (US$/MMBTU)

Aplicación (1)
BRENT_6m CPI_6m Carbón_6m GNL_6m
Jan-12 - - - -
Feb-12 - - - -
Mar-12 - - - -
Apr-12 - - - -
May-12 - - - -
Jun-12 - - - -
Jul-12 - - - -
Aug-12 - - - -
Sep-12 - - - -
Oct-12 - - - -
Nov-12 - - - -
Dec-12 - - - -
Jan-13 - - - -
Feb-13 - - - -
Mar-13 - - - -
Apr-13 - - - -
May-13 - - - -
Jun-13 - - - -
Jul-13 - - - -
Aug-13 - - - -
Sep-13 - - - -
Oct-13 - - - -
Nov-13 - - - -
Dec-13 106.47 233.434 108.400 3.78
Jan-14 107.63 233.603 106.280 3.70
Feb-14 108.54 233.624 104.530 3.63
Mar-14 109.86 233.548 104.310 3.70
Apr-14 109.92 233.601 105.040 3.88
May-14 109.50 233.752 106.690 4.30
Jun-14 108.77 234.109 108.630 4.51
Jul-14 108.54 234.697 110.210 4.67
Aug-14 108.81 235.502 111.610 4.82
Sep-14 108.95 236.384 112.640 4.87
Oct-14 108.68 237.107 112.760 4.77
Nov-14 107.45 237.618 111.960 4.42
Dec-14 105.74 237.908 111.050 4.26
Jan-15 102.36 237.968 110.700 4.12
Feb-15 97.24 237.677 110.210 4.05
Mar-15 89.00 237.088 108.760 3.85
Apr-15 79.26 236.331 106.980 3.67
May-15 72.02 235.809 106.080 3.50
Jun-15 65.15 235.491 103.950 3.31
Jul-15 60.46 235.352 101.400 3.12
Aug-15 58.03 235.627 99.170 2.90
Sep-15 57.93 236.265 97.030 2.80
Oct-15 59.31 237.090 95.160 2.78
Nov-15 57.41 237.689 92.960 2.76
Dec-15 56.00 237.993 91.930 2.74
Jan-16 54.21 238.199 90.450 2.69
Feb-16 50.86 238.121 88.800 2.57
Mar-16 46.93 237.769 87.500 2.42
Apr-16 42.68 237.479 86.310 2.33
May-16 40.31 237.279 84.360 2.20
Jun-16 38.79 237.310 82.260 2.04
Jul-16 37.62 237.547 80.400 1.97
Aug-16 38.05 238.029 79.040 1.94
Sep-16 39.76 238.778 76.410 2.05
Oct-16 42.09 239.397 74.220 2.14
Nov-16 44.32 240.020 73.580 2.28
Dec-16 45.69 240.569 74.610 2.49
Jan-17 47.06 240.980 76.420 2.66
Feb-17 46.78 241.168 78.690 2.76
Mar-17 47.66 241.237 86.740 2.93
Apr-17 49.26 241.605 96.270 3.02
May-17 50.80 242.064 104.380 3.02
Jun-17 51.62 242.460 110.330 3.00
Jul-17 52.11 242.925 114.900 3.04
Aug-17 53.00 243.489 118.060 3.14
Sep-17 51.81 244.076 116.940 3.03
Oct-17 50.79 244.400 112.920 2.98
Nov-17 50.23 244.720 110.820 2.99
Dec-17 50.97 245.223 110.730 3.00
Jan-18 51.73 245.579 111.930 2.95
Feb-18 53.76 245.902 114.480 2.93
Mar-18 56.72 246.163 117.160 2.91
Apr-18 60.13 246.677 120.550 3.05
May-18 62.38 247.256 123.250 3.01
Jun-18 64.03 247.711 125.830 2.96
Jul-18 66.41 248.359 127.540 2.94
Aug-18 68.78 249.178 126.990 2.91
Sep-18 70.45 250.089 126.250 2.93
Oct-18 71.34 250.779 127.310 2.76
PARA EFECTOS DE LA EVALUACIÓN DE LAS FÓRMULAS DE INDEXACIÓN DE LOS
PRECIOS DE LOS CONTRATOS CORRESPONDIENTES SE HAN CONSIDERADO LOS
SIGUIENTES ÍNDICES

CRUDO BRENT CARBON GAS NATURAL

DTD - PROM. 6 CPI - PROM. 6 TERMICO - HENRY HUB SPOT-
MESES MESES PROM. 6 MESES PROM. 6 MESES

(US$/BBL) (US$/TON) (US$/MMBTU)

Aplicación (1)
BRENT_6m CPI_6m Carbón_6m GNL_6m
Jan-12 - - - -
Feb-12 - - - -
Mar-12 - - - -
Apr-12 - - - -
May-12 - - - -
Jun-12 - - - -
Jul-12 - - - -
Aug-12 - - - -
Sep-12 - - - -
Oct-12 - - - -
Nov-12 - - - -
Dec-12 - - - -
Jan-13 - - - -
Feb-13 - - - -
Mar-13 - - - -
Apr-13 - - - -
May-13 - - - -
Jun-13 - - - -
Jul-13 - - - -
Aug-13 - - - -
Sep-13 - - - -
Oct-13 - - - -
Nov-13 - - - -
Dec-13 106.47 233.434 108.400 3.78
Jan-14 107.63 233.603 106.280 3.70
Feb-14 108.54 233.624 104.530 3.63
Mar-14 109.86 233.548 104.310 3.70
Apr-14 109.92 233.601 105.040 3.88
May-14 109.50 233.752 106.690 4.30
Jun-14 108.77 234.109 108.630 4.51
Jul-14 108.54 234.697 110.210 4.67
Aug-14 108.81 235.502 111.610 4.82
Sep-14 108.95 236.384 112.640 4.87
Oct-14 108.68 237.107 112.760 4.77
Nov-14 107.45 237.618 111.960 4.42
Dec-14 105.74 237.908 111.050 4.26
Jan-15 102.36 237.968 110.700 4.12
Feb-15 97.24 237.677 110.210 4.05
Mar-15 89.00 237.088 108.760 3.85
Apr-15 79.26 236.331 106.980 3.67
May-15 72.02 235.809 106.080 3.50
Jun-15 65.15 235.491 103.950 3.31
Jul-15 60.46 235.352 101.400 3.12
Aug-15 58.03 235.627 99.170 2.90
Sep-15 57.93 236.265 97.030 2.80
Oct-15 59.31 237.090 95.160 2.78
Nov-15 57.41 237.689 92.960 2.76
Dec-15 56.00 237.993 91.930 2.74
Jan-16 54.21 238.199 90.450 2.69
Feb-16 50.86 238.121 88.800 2.57
Mar-16 46.93 237.769 87.500 2.42
Apr-16 42.68 237.479 86.310 2.33
May-16 40.31 237.279 84.360 2.20
Jun-16 38.79 237.310 82.260 2.04
Jul-16 37.62 237.547 80.400 1.97
Aug-16 38.05 238.029 79.040 1.94
Sep-16 39.76 238.778 76.410 2.05
Oct-16 42.09 239.397 74.220 2.14
Nov-16 44.32 240.020 73.580 2.28
Dec-16 45.69 240.569 74.610 2.49
Jan-17 47.06 240.980 76.420 2.66
Feb-17 46.78 241.168 78.690 2.76
Mar-17 47.66 241.237 86.740 2.93
Apr-17 49.26 241.605 96.270 3.02
May-17 50.80 242.064 104.380 3.02
Jun-17 51.62 242.460 110.330 3.00
Jul-17 52.11 242.925 114.900 3.04
Aug-17 53.00 243.489 118.060 3.14
Sep-17 51.81 244.076 116.940 3.03
Oct-17 50.79 244.400 112.920 2.98
Nov-17 50.23 244.720 110.820 2.99
Dec-17 50.97 245.223 110.730 3.00
Jan-18 51.73 245.579 111.930 2.95
Feb-18 53.76 245.902 114.480 2.93
Mar-18 56.72 246.163 117.160 2.91
Apr-18 60.13 246.677 120.550 3.05
May-18 62.38 247.256 123.250 3.01
Jun-18 64.03 247.711 125.830 2.96
Jul-18 66.41 248.359 127.540 2.94
Aug-18 68.78 249.178 126.990 2.91
Sep-18 70.45 250.089 126.250 2.93
Oct-18 71.34 250.779 127.310 2.76
 PARA EFECTOS DE LA EVALUACIÓN
DE LAS FÓRMULAS DE INDEXACIÓN
DE LOS PRECIOS DE LOS CONTRATOS
CORRESPONDIENTES SE HAN
CONSIDERADO LOS SIGUIENTES
ÍNDICES

CPI - PROM. 6
MESES

Aplicación (1) CPI_6m

Sep-14 236.384
Oct-14 237.107
Nov-14 237.618
Dec-14 237.908
Jan-15 237.968
Feb-15 237.677
Mar-15 237.088
Apr-15 236.331
May-15 235.809
Jun-15 235.491
Jul-15 235.352
Aug-15 235.627
Sep-15 236.265
Oct-15 237.090
Nov-15 237.689
Dec-15 237.993
Jan-16 238.199
Feb-16 238.121
Mar-16 237.769
Apr-16 237.479
May-16 237.279
Jun-16 237.310
Jul-16 237.547
Aug-16 238.029
Sep-16 238.778
Oct-16 239.397
Nov-16 240.020
Dec-16 240.569
Jan-17 240.980
Feb-17 241.168
Mar-17 241.237
Apr-17 241.605
May-17 242.064
Jun-17 242.460
Jul-17 242.925
Aug-17 243.489
Sep-17 244.076
Oct-17 244.400
Nov-17 244.720
Dec-17 245.223
Jan-18 245.579
Feb-18 245.902
Mar-18 246.163
Apr-18 246.677
May-18 247.256
Jun-18 247.711
Jul-18 248.359
Aug-18 249.178
Sep-18 250.089
Oct-18 250.779
 PARA EFECTOS DE LA EVALUACIÓN
DE LAS FÓRMULAS DE INDEXACIÓN
DE LOS PRECIOS DE LOS CONTRATOS
CORRESPONDIENTES SE HAN
CONSIDERADO LOS SIGUIENTES
ÍNDICES

CPI - PROM. 6
MESES

Aplicación (1) CPI_6m

Sep-14 236.384
Oct-14 237.107
Nov-14 237.618
Dec-14 237.908
Jan-15 237.968
Feb-15 237.677
Mar-15 237.088
Apr-15 236.331
May-15 235.809
Jun-15 235.491
Jul-15 235.352
Aug-15 235.627
Sep-15 236.265
Oct-15 237.090
Nov-15 237.689
Dec-15 237.993
Jan-16 238.199
Feb-16 238.121
Mar-16 237.769
Apr-16 237.479
May-16 237.279
Jun-16 237.310
Jul-16 237.547
Aug-16 238.029
Sep-16 238.778
Oct-16 239.397
Nov-16 240.020
Dec-16 240.569
Jan-17 240.980
Feb-17 241.168
Mar-17 241.237
Apr-17 241.605
May-17 242.064
Jun-17 242.460
Jul-17 242.925
Aug-17 243.489
Sep-17 244.076
Oct-17 244.400
Nov-17 244.720
Dec-17 245.223
Jan-18 245.579
Feb-18 245.902
Mar-18 246.163
Apr-18 246.677
May-18 247.256
Jun-18 247.711
Jul-18 248.359
Aug-18 249.178
Sep-18 250.089
Oct-18 250.779