SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
(Energy and Industry)
Filter PR by
  
 

Expected to be operational in 2027, this cogeneration plant will supply up to 475MW of power generation and circa 452 tons per hour of steam from advanced combined cycle gas fired technology

28 March, 2024, Abu Dhabi, UAE: Abu Dhabi National Energy Company PJSC (“TAQA”), one of the largest listed integrated utility companies in Europe, the Middle East and Africa together with JERA Co., Inc (“JERA”), Japan’s largest power generation company, today announced that they have entered into a Power and Steam Purchase Agreement with Saudi Aramco Total Refining and Petrochemical Company (“SATORP”), a joint venture company owned by Saudi Arabian Oil Company (“Saudi Aramco”) and TotalEnergies, to develop a greenfield industrial steam and electricity cogeneration plant that will produce electricity and steam for the Amiral petrochemical complex to be developed in Jubail in the Eastern Province of the Kingdom of Saudi Arabia.

The Amiral petrochemical complex is expected to house one of the largest mixed-load steam crackers in the Arab Gulf region.

The Amiral cogeneration plant will include state-of-the-art power and steam generation systems, gas and water receiving systems, and gas insulated switchgear interconnections while at the same time meeting stringent efficiency standards imposed by the Saudi Energy Efficiency Center. The project also has provision for the future installation of a carbon dioxide capture plant and is capable of hydrogen cofiring.

The Amiral cogeneration plant will be developed by a special purpose entity owned by TAQA (51%) and JERA (49%) on a 25-year build, own, and operate basis extendable by five years on mutual agreement. TAQA and JERA will also undertake the operation and maintenance (“O&M”) of the plant through an O&M special purpose entity.

Farid Al Awlaqi, Chief Executive Officer, TAQA Generation, said: “The signing of the offtake agreements for the cogeneration power and steam project at the Amiral petrochemical facility, a key downstream project being developed by two of the world’s leading energy companies, demonstrates the confidence in TAQA’s ability to deliver critical utilities, including power and steam effectively. Together with our partner JERA, TAQA is looking forward to developing an efficient cogeneration plant that reduces carbon emissions and supports SATORP with its long-term decarbonisation programme. The agreement will bolster TAQA's efforts in building on our growth and executing on our 2030 goals.”

Steven Winn, Chief Global Strategist, JERA, said: “JERA is pleased to have signed the key project agreements for the Amiral Cogeneration Plant. It is a major accomplishment for all project stakeholders. Together with our partner TAQA, we will be providing stable, highly efficient, clean and reliable power and steam to our customer SATORP. The Amiral Cogeneration plant will not only enhance the Amiral Complex’s operational efficiency, but also demonstrates our commitment to environmental stewardship and our growth ambitions for sustainable power generation solutions in the Kingdom of Saudi Arabia, and the region.”


Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 49744 times
PR Category : Energy and Industry
Posted on : Thursday, March 28, 2024  12:17:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of SaudiArabiaPR.com.
Previous Story : Saudi Electricity Expo to Help Energise Kingdom's Renewables...
Next Story : NDF to Partner with SDB in Two Agreements to establish $120 ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Most Viewed Press Release posted in the last 7 days
Panasonic Announces Four 4K 60p 10bit Professional Camcorders with a Wide-Angle 25mm*1 Lens and 24x ... [47910-Views]
Panasonic Unveils Matcha Sakura Range of 2-in-1 Hair Straighteners [47101-Views]
Clinic helps you achieve the results you've always desired, without the need for surgery. [46275-Views]
Shine Bright this Ramadan with SHEGLAM's Lunar & Stellar Box Set [43223-Views]
Catrice Unveils Festive Treasures Limited Edition Collection– Your Perfect Beauty Companion for Rama... [40960-Views]
essence x Noor Stars – The Ultimate Eid Beauty Calendar is Here! [40517-Views]
CASIO G-SHOCK DW-5000R – A Legacy Reinvented [38702-Views]
IATA World Cargo Symposium 2025: Navigating Geopolitical Shifts with Technology & Innovation [37558-Views]
Global dividends jumped to a record $1.75 trillion in 2024 [36746-Views]
Set Out on a Beauty Quest Like No Other with SHEGLAM x Adventure Time [36523-Views]
Casio unveils G-SHOCK Collaboration with BarbieTM [35818-Views]
Benefit Cosmetics partners with Parker's this Ramadan! [35485-Views]
Light Up Your Ramadan at Mercato and Town Centre Jumeirah & Win Daily Prizes! [33067-Views]
Nominations Open for 2025 IATA's Diversity and Inclusion Awards [32880-Views]
IATA Releases 2024 Safety Report [31902-Views]
Benefit Middle East Brings Back the Benefit Kitchen Show for an Exciting Season 2 This Ramadan! [31880-Views]
Recording a Profit from Main Operations of 2.4 billion USD in 2024, Turkish Airlines shares its succ... [30269-Views]
Shop, Win & Celebrate Eid at Mercato & Town Centre Jumeirah! [29919-Views]
Mercato Mall Celebrates Ramadan with an Exclusive Iftar, Heartfelt Giving, and an Exciting Lantern H... [29811-Views]
G-SHOCK Reimagines Classic Designs with Iconic Styles Collection [29048-Views]
Back to Section Home

Related Stories