Manila-listed First Gen Corp. is fast-tracking a floating storage and regas unit (FSRU) to ensure continuous fuel supply for 3.2 Gigawatt (GW) gas-fired power gen capacity near Batangas City. Construction of the FSRU is slated to start in May with the aim of receiving the first LNG cargo in the autumn of 2022.
Mobile power provider Aggreko has signed a 4-year contract to provide a hybrid power and energy storage solution for an upstream company in Argentina’s remote Patagonia region. The integrated battery storage will allow the gas-fired generator to take large steps in electric load, without compromising voltage and frequency.
Saudi Aramco has received regulatory approval to develop the Al-Jafurah unconventional gas field in the Eastern Province. State-run Aramco said it will invest $110 billion to start commercial production by early 2024, in line with the government’s goal to turn Saudi Arabia into a gas and petrochemical exporter.