Projects & Finance

Shell, Engie of France, Austria’s OMV and Germany’s Uniper and Wintershall have agreed to each pay €950 million to fund the Gazprom-led Nord Stream 2 pipeline project. The financing deal paves the way for the 55 Bcm/year gas interconnector that had faced strong opposition from some EU member states on competition grounds.

Singapore-based Sembcorp Industries is on time and budget with construction works for the Myingyan combined-cycle gas turbine (CCGT) power plant. Upon commissioning in 2018, the 225MW facility will be the biggest CCGT in Myanmar. It will be run by Sempcorp for 22 years, and then the Government of Myanmar will take ownership.

The Government of Pakistan is pushing for 3,600 MW of gas power generation capacity to be added to the grid before the end of this year. The Jhang, Sheikhupura and Balloki projects are all due to be completed in 2017, Punjab chief minister Muhammad Shehbaz Sharif said, pointing out that developers managed to save a combined Rs.112 billion (US$1.06bn) during construction as many project are being fast-tracked.

Together with the Chinese EPC contractor SEPCOIII, Siemens is carrying out the conversion of the Az Zour South 3 power plant from open-cycle to combined-cycle mode. The plant, operated by Kuwait’s Ministry of Electricity & Water, will have 263MW more generating capacity, once the upgrade is competed in mid-2019.

LA Department of Water and Power (LADWP) has completed the repowering of its Scattergood Generating Station earlier this year.
“This involved the replacement of the almost 40-year-old Unit 3 with new gas turbines designed with faster start, faster ramp rates and well as many alarm features that would inform operation personnel of a problem before a component fails,” Sungly Chiu, Power Engineering Manager for LADWP told Gas to Power Journal.

Within the past 11 weeks, the clean energy company ITM Power has signed new contracts worth a total of £5.66 million. The British company said it has currently £22.64 million of projects under contract and a further £1.72 million of contracts in the final stages of negotiation.

 Southern California Edison (SCE) and General Electric today unveiled the world’s first battery-gas turbine hybrid system in Norwalk, California. This is the first of two units that GE has delivered for SCE only months after announcing initial deployment plans.

Work is progressing fast on the construction of SOHAR III, a green-field, integrated combined-cycle gas turbine power plant located in SOHAR Port, according to lead contractor, Mitsui.

The gas pipelines linking Norway with Europe’s biggest gas market in Germany, will soon be joined by a 1.4 GW power line funded by the European Investment Bank (EIB) to the tune of €350 million (£298m).

Reliance Power has signed a deal with Bangladesh Power Development Board (BPDB) for the first phase of a 750 MW, LNG-fuelled power project at Meghnaghat, near Dhaka in Bangladesh.

Siemens has completed an overhaul project for two SGT5-4000F gas turbines at Sohar 2 and Barka 3 combined cycle power plants in Oman, according to the Muscat Daily.

Larsen & Toubro commissioned two gas turbines at separate power plants in Bangladesh at the end of March.

Following a recent visit, Angola’s energy minister, João Baptista Borges said that the first units of the country’s 750 MW Soyo CCGT would start on schedule this year. He said the power would serve the six municipalities of Angola’s Zaire province, as well as interconnecting with the national electricity system - replacing diesel generators and helping balance hydro power flows.

Qatar intends to expand its LNG output capacity, tapping the world's biggest natural gas field, after a self-imposed ban on expansion that lasted 12 years, according to the chief executive of Qatar Petroleum.

Driftwood LNG Pipeline, a subsidiary of Tellurian, is seeking approval from the US Federal Energy Regulatory Commission (FERC) to construct and operate an LNG export facility in the US.

Page 1 of 110