Protests raised by the Engineers’ Union has forced Ceylon Electricity Board (CEB) to stop construction at three cabinet-approved LNG-fuelled power projects. A China-led 400 MW project, a Japan-sponsored 500 MW project and an India-lead 500 MW project are all halted amid claims that private developers would force the government to buy electricity at higher prices.
Though a tender has been completed, the winning bidder for a 300 MW LNG-fuelled power project in Kerawalapitiya, in Sri Lanka’s western province, is not yet officially named. LTL Holdings submitted the lowest bid of US$ 160 million, but the offer is based on conditions that pile “maximum political pressure” on the government to decide in its favour.
Start-up of Gibraltar’s first gas engine-driven power plant at North Mole is underpinned by fuel from a small-scale LNG shipment. A partial cargo has just been delivered by Shell on board the ‘Coral Methane’. Commissioning of the North Mole power project “is currently ongoing,” MAN Energy Solutions confirmed, with "several engines having had first fire.”
Natural gas and wind will form the basis of 80% of new-build power plants in the United States this year. According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric generators, 23.7 gigawatts (GW) of new capacity additions and 8.3 GW of capacity retirements are expected to occur in the course of 2019.
In a surprise move, Uniper has announced it will build a 300 MW gas-fired power plant in Irsching, Bavaria – the first such project in Germany in a decade. The new fast-ramp unit will act as a “safety cushion,” set to be dispatched only if grid stability is at risk. Start-up is scheduled for October 1, 2022.
Development banks of Brazil and Germany, BNDES and KfW Ipex-Bank, have agreed a corporate financing deal worth R$1.76 billion ($471m) for an LNG-fuelled power project at the port of Açu, Brazil. The financing covers 39% of the total project costs of R$4.5 billion, with the 1.3 GW plant to be built by Prumo Logística and Siemens.
The first Power-to-Gas (P2G) pilot project in South Korea is about to be built under a government scheme, funded by 49 billion Korean won (US$44 million). The P2G project will convert surplus electricity supply from wind or solar power sources into hydrogen or methane gas. It is scheduled to start operating in 2023.
Aspiring to build a 5,700 km gas pipeline from Nigeria to Morocco, Nigerian National Petroleum Corporation (NNPC) has awarded the first phase of a Front End Engineering and Design (FEED) contract to Phenspen. FEED Phase I entails a detailed design of the pipeline system, its route and project economics.