Producción y mercados energéticos 16/09/19
Latest Energy News | 16 September 2019 |
TOP STORY: Saudi Arabia’s oil production cut by 5.7 mbl/d Saudi Arabia’s oil production is temporarily cut in half after attacks. The destruction caused fires on Saturday 14 September 2019 at two of Aramco’s production sites. These attacks led to a «temporary suspension of production» at the two affected sites, Abqaiq and Khurais, which represent about 50% of Aramco’s total production.. The two facilities normally produce 5.7 mbl/d, about 5% of the world’s daily crude production. Saudi Arabia ministry of energy has announced that part of the decrease will be compensated for its customers through stocks. According to the ministry of energy, the attacks have also led to the cessation of the production of 2 bcf/d (56.5 bcm/d) used to produce 700 kbl of NGL, which will reduce the supply of ethane and NGL by up to about (50%). The attacks had no impact on the domestic supply of electricity and water from fossil fuel, or on the supply of fossil fuel to the local market. In 2018, Saudi Arabia was the world’s second-largest crude oil producer (4,550 mbl) and the world largest crude oil export country, with 3,750 mbl. |
Companies OVO Energy acquires SSE’s household energy business (UK) UK independent energy supplier OVO Energy has annouced it will acquire SSE’s GB household energy and related services business, and therefore become the second largest energy supplier in the UK. Together, the companies currently serve around 5 million customers.
Read moreCemig will merge efficiency and distributed power business (Brazil) Brazilian power group Companhia Energética de Minas Gerais (Cemig) is preparing to merge its subsidiary on distributed power generation, Cemig Geração Distribuída (Cemig GD) (created in 2018), with its energy efficiency branch Efficientia (created in 2002). The new efficiency branch will be annouced in October 2019. …
Read morePolicy & Regulatory Zimbabwe opens 285 MW PV tender The Infrastructure Development Bank of Zimbabwe (IDBW) has issued a request for proposals in a bid for the construction of eight solar parks and two-mini hydropower plants, totaling more than 285 MW of PV capacity. Interested parties have until the end of September 2019 to submit proposals. …
Read moreUganda will open electricity transmission to private investors Uganda’s Electricity Regulatory Authority announced it will open power transmission to private investors. The country targets US$3.5bn in private investment to expand the transmission network while limiting public spendings. …
Read moreEnergy & Climate Markets US OPIC grants US$688m for energy projects in Argentina The US Overseas Private Investment Corporation (OPIC) has approved US$688m in funding for energy projects in Argentina. …
Read moreInfrastructure & Investments NLNG signs EPC contract for its 7th liquefaction train (Nigeria) Nigeria Liquefied Natural Gas (NLNG) signed a Letter of Intent (LOI) for the Engineering, Procurement and Construction (EPC) of a seventh train on its LNG plant, moving closer to a Final Investment Decision (FID). The winning bidder of the project is a consortium known as SCD and composed of Saipem, Chiyoda and Daewoo. …
Read moreIberdrola connects 714 MW East Anglia offshore wind project (UK) Spanish public electric utility Iberdrola has produced first power at the 714 MW East Anglia I offshore wind power plant located 50 km off the coast of the county of Suffolk, UK. The power plant, composed of 102 Siemens Gamesa wind turbines of 7 MW, required an investment of GBP 2.5bn (€2.8bn). It will be fully commissioned in 2020. …
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