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Saudi SEC Shake-Up OKd
...nstruction contract for the two nuclear power plants by the end of 2018, but progress seems to be in the slow lane as not even a site for the plants has yet been confirmed (MEES, 13 October 2017). ...
Volume: 61Issue: 51-52Published at Fri, 21 Dec 2018 -
Tunisia Project Delays Threaten 2019 Capacity Crunch
...450MW in combined cycle mode with the start up of the second turbine in May 2020. Japan’s Mitsubishi Hitachi Power System (MHPS) and Sumitomo won the $340mn EPC contract (MEES, 30 June 2017). The capacity crunch is even more worrying than these figures suggest, given the country’s rapidly-ag...
Volume: 61Issue: 51-52Published at Fri, 21 Dec 2018 -
Jordan: Bye-Bye Conventional Powergen?
...d-2020 (MEES, 28 April 2017). Operator Eesti Energia of Estonia told MEES this week that the project is on schedule for its phase-1 start up in mid-2020. Commercial viability still remains the issue with Jordan’s oil shale dreams. Shell’s Jordan oil shale subsidiary Josco has developed technology to ex...
Volume: 61Issue: 50Published at Fri, 14 Dec 2018 -
Oman Seeks Better Gas Management Through State Energy Sector Shake-Up
...ants in percentage terms though absolute volumes are up a touch on 2017. A recent boost to gas production is enabling record LNG exports, which are expected to push total gas consumption close to 45bcm this year (see chart). Oman’s gas output is rising as a result of a number of recent discoveries an...
Volume: 61Issue: 50Published at Fri, 14 Dec 2018 -
SEC Plans Powergen Subsidiary As Step Towards Break-Up
...stern, central, western and southern regions. SEC was created in 2002 by combining GEC and the regional firms. However, the company has since continued to manage its operations through four regional units, whilst in recent years it has also reported sales revenues on a regional basis. Total 2017 SEC re...
Volume: 61Issue: 48Published at Fri, 30 Nov 2018 -
Jordan Wind Awards EPC To Denmark’s Vestas
...velop the project in 2016, they aimed to begin construction in 2017 and to begin delivering electricity from the farm in 2019. But like many of Jordan’s investment plans, financing proved the key holdup. Financial close was only reached in September, with funding coming from the World Bank’s IFC in...
Volume: 61Issue: 48Published at Fri, 30 Nov 2018 -
Saudi Generators Build Capacity Cushion Ahead Of SEC Split
....12GW in 2017 and 61.74GW for the 2018 summer peak. In addition to Saudi electricity demand appearing to have levelled off for now, the generating capacity cushion could prove vital to ensuring supply reliability as SEC – which is owned 74.3% by sovereign wealth fund PIF, 6.9% by state integrated oi...
Volume: 61Issue: 47Published at Fri, 23 Nov 2018 -
Pearl Gives KRG Khor Mor Gas Boost
...The Kurdistan Regional Government’s creative settlement with the Pearl Petroleum consortium in July 2017 is paying dividends (MEES, 13 July). Production capacity at the consortium’s Khor Mor gas field in the region’s southwest was this week boosted 30% from 305mn cfd to 400mn cfd through de...
Volume: 61Issue: 47Published at Fri, 23 Nov 2018 -
Morocco Pushing Renewables, Eyes LNG Imports In Bid For Cleaner Power
...ectricity with Spain in 2017, as well as 149GWh with Algeria. These brought Morocco net imports of 5.33TWh in 2017 or just over 14% of total consumption. Minister of Energy Aziz Rebbah projects 5.5%/year growth in Moroccan power demand to 2027. Last year Morocco’s electricity consumption amounted to 37...
Volume: 61Issue: 46Published at Fri, 16 Nov 2018 -
Egypt Awards Luxor Gas-Fired Plant As Aswan’s Lustre Fades
...red power plant at Assiut, which is currently being upgraded for combined cycle operation (MEES, 6 January 2017). Prior to the extension of the gas grid to Assiut, Egas has previously reached as far south as Beni Suef, where local contractor Elsewedy had built a 4.8GW CCGT plant, together with si...
Volume: 61Issue: 45Published at Fri, 09 Nov 2018 -
PDO Joins Oman’s Shift To Solar
...netheless, OPWP is still seeking alternatives to gas-fired power generation, so that of the 6.85GW of capacity awarded and planned by OPWP and PDO more than 40% is in renewables and coal-fired plants (see chart). The fuel for the delayed Misfah project has yet to be announced (MEES, 30 June 2017). Gas fu...
Volume: 61Issue: 44Published at Fri, 02 Nov 2018 -
Masdar Completes Financing Of Waste-Burning Power Plant
...sdar and Bee’ah and is scheduled to begin operating in 2020. French engineering firm CNIM was awarded a contract in May 2017 to design, build and operate the plant. The lenders to the Sharjah project will be the Abu Dhabi Fund for Development (ADFD), Abu Dhabi Commercial Bank, Germany’s Siemens Fi...
Volume: 61Issue: 44Published at Fri, 02 Nov 2018 -
Iraq Signs Up For 25GW Power Boost: What’s The Cost?
...urth monthly zero burn since September 2017 (see chart). There will likely be additional fuel oil available in the near term. While Baghdad has had little success in attracting outside investment in new refining capacity, a recent boost will have come from the start-up of the rehabilitated 70...
Volume: 61Issue: 43Published at Fri, 26 Oct 2018 -
Riyadh Touts Desalination Assets In Privatization Drive: What’s At Stake?
...THORITY. MEES. 2: SAUDI DESALINATION CAPACITY (‘000 M³/D): OVER 93% IS LARGELY OR WHOLLY STATE-OWNED SAUDI ARABIA’S DESALINATION FIRMS 2017 ('000 M³/D) Ownership in de...
Volume: 61Issue: 42Published at Fri, 19 Oct 2018 -
Delegates Desert Saudi Investor Conference
...tober 2017) and the publicity stunt of granting citizenship to the robot “Sophia.” The Crown Prince intended the second act to rival last year’s event, promising the unveiling of an “amazing deal…far away from oil” at FII in a Bloomberg interview earlier this month. “There is one deal in FII and th...
Volume: 61Issue: 42Published at Fri, 19 Oct 2018 -
Oman Eyes Big Solar To Reduce Reliance On Gas-Fired Power
...pacity of 1.55GW put renewables in second place, with the remainder comprising a “clean coal” project and the Misfah IPP, for which the fuel has not been specified (see chart). At the end of 2017 Oman had just 8MW of renewables power generation capacity, according to Abu Dhabi-based renewable energy ag...
Volume: 61Issue: 41Published at Fri, 12 Oct 2018 -
Iraq Aims To End Blackouts As Protests Rage On
...emens is upgrading and expanding a number of existing power plants, while GE is providing turbines and generators for several combined cycle gas turbine (CCGT) plants which are under development (MEES, 8 December 2017). MOUNTING PRESSURE Iraq’s powergen woes are a key grievances ci...
Volume: 61Issue: 39Published at Fri, 28 Sep 2018 -
Acwa Power: Solar Record-Setter, But Any Coal’s A Goal
...el oil (HFO) and gas. Even its 15 projects under construction include a coal-fired plant and one burning HFO. Acwa had equity in assets with a combined capacity to generate 22.6GW of electricity and desalinate 2.7mn m³/d of water as of the end of 2017, mainly in Saudi Arabia but also in Oman, UA...
Volume: 61Issue: 38Published at Fri, 21 Sep 2018 -
SEC Takes First Steps Toward Saudi Power Sector Shake-Up
...ductions in electricity price subsidies and establishment of a ‘Citizen’s Account’ compensation scheme for poorer households meant that by late last year this had slipped to a pledge from SEC chairman Saleh al-Awajji for “some achievements during 2018” (MEES, 22 December 2017). SEC reported a whacking 52...
Volume: 61Issue: 37Published at Fri, 14 Sep 2018 -
Mena Coal Plans Get Big Boost From Egyptian Project With Chinese Cash
...59 Handed over by Sepco 3 in July 2017 Awarded: 9.79 44.54 Safi Mo...
Volume: 61Issue: 36Published at Fri, 07 Sep 2018