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Producción y mercados energéticos 20/08/19

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Latest Energy News
21 August 2019
TOP STORY:

NTPC plans 5 GW solar power project in Kutch (India)

Indian power generation company NTPC plans to develop a large-scale solar power project in the Kutch region of Gujarat (western India), which would have a capacity of up to 5,000 MW. the project would require a total investment of INR200bn (US$2.8bn). NTPC is looking at three locations in the Kutch region for the project and in Rajasthan to set up another large-scale solar park.

NTPC is also developing a 100 MW hydropower project and two 600 MW coal-fired power projects; the group is open to renewable power projects as well..

Policy & Regulatory

Connecticut (US) issues a request for proposals for 2 GW of offshore wind
The Department of Energy and Environmental Protection (DEEP) of Connecticut (United States) has released a request for proposals (RFP) for the development of up to 2,000 MW of offshore wind power. There will be no minimum amount of offshore wind that DEEP must procure under this RFP. Bids are due by 30 September 2019 and must include an environmental and fisheries mitigation plan. …
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South Africa seeks to add nuclear capacities in an ‘affordable’ way
The Ministry of Energy and Mineral Resources of South Africa is considering building new nuclear power capacities in an affordable way (i.e.
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Energy & Climate Markets

CNPC consortium discovers oil in South Sudan
A consortium led by CNPC has made a new crude discovery in the Gasab area, in the northern oilfields of Adar in South Sudan, which would hold more than 300 mbl of recoverable oil. It would be linked to the nearby Paloch oilfields that are operated by Dar Petroleum Operating Company (DPOC), a consortium of CNPC, Petronas, Nilepet, SINOPEC and Tri-Ocean Energy.
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Ukraine plans to increase its gas import capacities from Romania
The Ukrainian and Moldovan gas transmission system operators (TSOs) Ukrtransgaz and Moldovagaz have agreed to modernise gas metering stations at their border and to create new import capacities based on the Trans-Balkan pipeline system in the direction of South-North (reverse flow).
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Infrastructure & Investments

Venture Global reaches financial close for Calcasieu Pass LNG (US)
Venture Global LNG has reached financial close for its proposed 10 Mt/year Calcasieu Pass LNG project and associated TransCameron gas pipeline in Cameron Parish, Louisiana (United States). The project will require a total investment of US$5.8bn and secured a US$1.3bn equity investment from Stonepeak Infrastructure Partners. …
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First train of Freeport LNG project (US) starts to produce LNG
The first 5 Mt/year liquefaction train of the 15 Mt/year Freeport LNG project on Quintana Island in Freeport, Texas (United States) has entered production. The company aims to load the LNG cargo from the Freeport export plant within the next couple of weeks. Commissioning is expected before the end of 2019. …
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IOCL plans to expand its Paradip refinery by 2/3 to 25 Mt/year (India)
Indian Oil Corporation Ltd (IOCL) plans to invest INR1,030bn (US$14bn) in the expansion of its Paradip refinery in Odisha (India). The company submitted its plans to the Odisha state government through its single window clearance system in July 2019.
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