Sask Power has agreed to pay $120 million for buying all shares of its JV partner Canadian Utilities in the 260-MW Cory cogeneration plant in Saskatchewan province. The gas-fired CHP creates process steam for Nutrien’s potash mine while all electricity from the plant is fed into the regional grid. The deal coincides with ATCO’s move to divest its entire Canadian fossil power portfolio for around $835 million.
GE’s Grid Solutions has been awarded a $25-million contract by Engineering for the Petroleum and Process Industries (Enppi) to provide the Assiut Oil Refinery with gas-insulated switchgear (GIS) enabled substation for its new naphtha complex. The project set to be executed within 12 months. The average consumption of natural gas in Egypt expected to reach around 9 Bcf/d by 2021.
GE Power has been awarded a contract from Kiewit Power Constructors, the EPC contractor for the Indeck Niles Energy Center in Michigan, to supply and integrate two 7HA.02 gas turbines into the 1 GW project. Indeck Energy Services, the developer of the project, seeks to get the CCGT into full commercial operation in 2022.
Philippine’s state utility FirstGen, together with Tokyo Gas, is developing a LNG import terminal in Batangas at a cost of over $1.2 billion. The imported regasified LNG will substitute depleting domestic gas supply for the nearby 1,000 MW Santa Rita Power Plant, the 500-MW San Lorenzo Power Plant, the 414-MW San Gabriel Power Plant and the 97 MW Avion Power Plant. Finalizing the EPC tender process, FirstGen is choosing between Fluor and JGC of Japan.
Mitsubishi Hitachi Power Systems (MHPS) has won an order to deliver two H-25 gas turbines for a combined heat and power (CHP) project, being built on behalf of the Chinese Paper Firm Lee & Man Paper Manufacturing Ltd. Situated near Dongguan, in China’s Pearl River Delta, the CHP is due to start commercial operations in 2020.
TTS Martin, the EPC lead for a combined heat and power project in Slovakia, has contracted Rolls-Royce to supply Bergen reciprocating gas engines to replace existing coal-fired gensets. The CHP is being built on behalf of the state-owned utility Martinska teplarenska and is scheduled to start commercial operations in early 2020.
Dominion Energy’s CEO Tom Farrell is pushing to resume construction works on the $7.8 billion Atlantic Coast Pipeline, vowing to take the case to the U.S. Supreme Court, if needed. Though “frustrated” by regulatory hurdles, Farrell said he would not back down from the project which is meant to transport fracked natural gas from West Virginia via Virginia to North Carolina.
Swiss-based energy trading company Axpo and German LNG Terminal GmbH, the joint venture formed to build Germany’s first LNG terminal, have signed a Heads of Agreement (HoA) for a long-term capacity contract for LNG offtake from the terminal to be located at Brunsbüttel on the River Elbe in northern Germany. The HoA was claimed to be another important step towards taking the investment decision on the terminal.
Gibraltar has officially opened a new liquefied natural gas (LNG) regasification terminal recently completed by Shell and Gasnor - a 100% Shell-owned subsidiary. As a result, Gibraltar is switching from diesel-fueled power generation to cleaner-burning natural gas, using a newly commissioned 80 MW gas-fired power plant.
Iraq’s Ministry of Electricity has signed an implementation agreement with Siemens to kick off the execution of the Iraq Roadmap. Phase-1, valued at 700 million euros ($785m), include EPC for the 500 MW Zubaidiya power plant, the upgrade of 40 turbines and grid infrastructure. The entire four phases of the Roadmap could see contracts awarded for up to $14 billion.
The Canadian utility Capital Power has agreed to acquire Goreway Power Station Holdings, jointly held by JERA and Toyota Tsusho and operator of the 875 MW Gorway Power Station in Ontario. The deal will be financed through RBC Capital Markets and TD Securities by issuing 4.3 million in subscription receipts through a Public Offering. Gross proceeds are expected to total about $130,290,000 million.