Projects & Finance

German utility Uniper, part of E.ON Group, has launched a pilot scheme to produce methane gas from wind power at its Falkenhagen site in Brandenburg this week. The plant, commissioned five years ago, already produces green hydrogen by using wind energy to split water into oxygen and hydrogen. Methane gas, meanwhile, is of a higher quality and has a wider variety of uses.

France’s natural gas pipeline operator GRTgaz has approved an investment of 17.5 million Euros ($20.7m) to create the first major physical entry point of natural gas in France through Switzerland, at Oltingue in the Haut-Rhin region. The project, carried out with FluxSwiss and Snam Rete Gas, is aimed at improving France’s supply security by providing access to new sources of Libyan, Algerian and Azeri gas by pipeline.

Engineers of Lahmeyer, part of Tractebel, have analysed and efficiency-optimized the 9HA.01 turbines installed at a new combined-cycle power plant that went into operation at Haveli Bahadur Shah, Pakistan, on April 30, 2018. Gas turbine optimization allowed the plant to reach a world record net efficiency rate of 62.4 %. Main challenges for implementing the project in Pakistan’s Punjab province were the high fuel prices of imported LNG as well as the short implementation period of the project.

Suncor Energy has issued a Letter of Intent to purchase MHPS JAC gas turbine technology to power a new, more cost-effective process for producing in the Canadian oil sands. Once sanctioned and installed, the two JAC turbines will provide 800 MW of onsite heat power at Suncor Energy’s oil sands mine near Fort McMurray, Alberta.

U.S. pipeline company Energy Transfer Partners has received approval from the Federal Energy Regulatory Commission (FERC) to place additional Phase-2 facilities into service. The $4.3 billion pipeline project will allow moving natural gas from the Appalachian, notably the Marcellus and Utica Shale, to domestic and Canadian markets. Construction of the entire pipeline is due for completion in Q2-2018.

El Savador’s CEPA, the Comisión Ejecutiva Portuaria Autónoma, has asked Siemens to equip an international airport in the country with electrical systems for the new terminals. The airport is scheduled to be significantly enlarged and modernized by 2032.

Independent power producer HF Power, part of Hosaf Group, has placed an order for Wärtsilä to deliver a 113 MW power plant to Chowmuhoni, Bangladesh. The government is committed to providing a reliable electricity supply to industrial and domestic consumers. For example, only 76% of the country’s houses were connected to the grid in 2016, and the government’s explicit aim is to increase this share to 98% by the year 2021.

Russia’s Gazprom announced it has completed of the first line of the TurkSteam offshore gas pipeline across the Black Sea to Turkey. Pipe-laying works had started last year, and Gazprom said the second line will be laid in the third quarter of 2018, with the aim of finalising construction of the entire 31.5 Bcm pipeline over the course of 2019.

Singapore-based Sembcorp Utilities is moving ahead with of a 750MW gas-fired power project in Vietnam, having just signed a land allocation deal with the People's Committee of Quang Ngai Province. “We are committed as a longterm investor to Vietnam,” said Koh Chiap Khiong, Sembcorp’s head of Singapore, Southeast Asia & China at Sembcorp, pointing at the company’s construction and co-ownership of the Phu My 3 power station. 

Goldman Sachs has issued one of the largest project bonds ever granted to Brazil for the CELSE’s 1.5 GW Porto de Sergipe I power plant project. GE is the EPC (Engineering Procurement and Construction) provider for the project, currently under construction. The 3.2 billion Brazilian Real ($925m) financing deal is the largest private investment ever made in the state of Sergipe.

Société Tunisienne de l’Élecriticité et du Gaz (STEG) has awarded the Italian turbine manufacturer Ansaldo Energia an EPC (Engineering, Procurement and Construction) contract for turnkey supply of a 625MW open-cycle gas turbine power station in Mornaguia, south west of Tunis. The deal also includes an LTSA (Long Term Service Agreement) contract for the facility.

The Finish technology group Wärtsilä has signed a contract to engineer, manufacture and deliver a 130 MW Flexicycle plant to Mbour, Senegal, that is meant to lower the country’s energy cost and help integrate more renewable energy sources. The order for the Malicounda power project was placed by Lebanon-based Matelec Group, the contractor of the Independent Power Producer MPG (Melec Power Gen).

Siemens has received an order from Inter Pipeline Ltd to provide long-term service for two SGT-800 gas turbine generator sets in Canada. The units will operate at the Central Utilities Block (CUB), part of the company's Heartland Petrochemical Complex currently under construction near Fort Saskatchewan, Alberta.

Japanese utilities TEPCO and Chubu Electric, through their JERA joint venture, are planning to invest around $935 million on new power generation projects in the United States by 2030. JERA said it specifically targets to acquire stakes in gas-fired power units, as those are seen to become “increasingly price competitive.”

Golar Power, a venture between Golar LNG and Stonepeak Infrastructure Partners, has reached financial close on the 1.5GW Porto de Sergipe LNG-to-power project in northeast Brazil. The project company CELSE will receive $1.340 billion of non-recourse financing that will be used to fund the remaining Capex of the $1.74 billion project. Start-up is scheduled for January 2020.

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