Cyprus approves electricity cable to link its power grid with Greece’s - AP

Updated 9:10 PM GMT+3, September 17, 2024
By MENELAOS HADJICOSTIS

NICOSIA, Cyprus (AP) — Cyprus has given the green light for construction of a 1.9 billion euro ($2.1 billion) undersea electricity cable linking its grid with Greece’s, aiming to sharply reduce electricity bills and end its energy isolation, the country’s energy minister said Tuesday.

Minister George Papanastasiou said the significance of the project is underscored by the European Union’s decision to fund it with the sum of 657 million euros ($735 million).

He said the Cypriot government will contribute 25 million euro ($27.8 million) annually over the five-year period of the 1,000 MW cable’s construction so that Cypriot taxpayers won’t see any hike to their electricity bills as part of their 63% share of building costs.

The total 125 million euro sum will be raised from revenues generated from the EU’s emission trading system.

Electricity cable needs power surge - FINANCIAL MIRROR

16 JULY 2023

With Nicosia hosting the trilateral meeting of heads of state on July 26, Cyprus, Greece, and Israel leaders will meet for the first time – two-re-elected and a newcomer.

Top on their agenda of common challenges will be energy, although cooperation on defence, water and regional conflicts will also be discussed, and relations with Turkey.

As a priority, Prime Minister Benjamin Netanyahu needs help to deal with Israel’s energy deficit, which is expected to hit rock bottom by 2025-2027 due to delays in bringing online new, efficient, and renewables-friendly power stations.

PM Kyriakos Mitsotakis will emphasise that Greece is pushing ahead with its Alexandroupolis energy hub and hopes natural gas flows from the eastern Mediterranean will transform it into a major player, in addition to the solar parks and wind farms mushrooming throughout the country.

Siemens signs deal to build two gas-fired power plants in Libya - REUTERS

DECEMBER 7, 2017 / 11:40 PM

Reporting by Georgina Prodhan; writing by Douglas Busvine; editing by Andrew Roche

FRANKFURT (Reuters) - Siemens, the German industrial group, plans to build two gas-fired power stations in Libya, in a fillip for its struggling power division which is shedding staff as developed economies shift to renewable sources of energy.

Siemens Power and Gas signed the agreements on Thursday with Libyan state utility GECOL on the plants, a company spokesman said without elaborating.

The deal follows an announcement by Siemens last month that it would cut 6,900 jobs, or around 2 percent of its global workforce. Most of the jobs would be shed by 2020 at its energy unit as demand for gas turbines fades.

First Chinese-operated gas regulator station in Egypt to be operational in September - CHINA DAILY / XINHUA

Xinhua | 2017-07-12 14:20

BENI SUEF, Egypt — The first gas regulator station operated by a Chinese company in Egypt will be operational in September, a company representative said Tuesday.

The Beni Suef station, operated by China Petroleum Technology & Development Corporation (CPTDC), a subsidiary of China National Petroleum Corporation (CNPC), will start pumping natural gas in September, Qitang Li, a CPTDC representative in Cairo told Xinhua.

CPTDC signed a $20 million deal with Egyptian Natural Gas Company (GASCO) in 2016 to establish three gas regulator stations in Egypt.

Under the deal, the Beni Suef station, 150 kilometers south to the Egyptian capital Cairo, will start operating in September, while the other two stations at Burullus city and the new administrative capital will start assembling work soon, Li said.

Siemens to add 1,200MW to national electricity grid at End-May - AMWAL AL GHAD / DAILY NEWS EGYPT

Saturday, 18 March 2017 12:04

Siemens is set to add 1,200MW to the national electricity grid by the end of May from power plants in the New Administrative Capital and Borollos.

Sources at the Egyptian Electricity Holding Company (EEHC) said that, according to an agreement with Siemens and Orascom, the New Administrative Capital power plant will add 400MW by the end of March, in addition to 800MW to be added from the Borollos power plant in the end of May.

The sheer capacity spanning Siemens’ three projects in Beni Suef, the New Administrative Capital, and Borollos that will be added before summer amounts to 6,000MW; where 4,800MW have already been linked to the grid pending commercial operation.

Egypt inaugurates major gas-fired power plants - CONSTRUCTION WEEK ONLINE

Mar 5, 2017 James Morgan

The first phases of Egypt’s New Capital and Burullus power plants have been officially inaugurated.

The projects, which are being built by a consortium comprising Siemens, Orascom, and Elsewedy Electric, will be the largest gas-fired combined cycle power plants (CCPPs) upon completion.

The consortium has already succeeded in connecting 2,400MW to Egypt’s national grid through the power plants, exceeding delivery targets by 20%.

Once complete, each power plant will generate a total of 4,800MW.

Egypt's Sisi and Germany's Merkel to inaugurate megaproject in Egypt - AHRAM ONLINE

German Chancellor Angela Merkel (L) and Egyptian President Abdel
Fattah El-Sisi (R) in Berlin, May 2015 (Reuters)

Thursday 2 Mar 2017
Mahmoud Aziz

The two leaders will inaugurate the first phase of a Siemens project to build three new power plants in Egypt

German Chancellor Angela Merkel is set to arrive in Cairo Thursday on a two-day visit to meet with Egypt's President Abdel-Fattah El-Sisi, and to inaugurate with her counterpart the first phase of a Siemens megaproject.

The two leaders are scheduled to hold a press conference shortly after their meeting.

Sisi and Merkel will inaugurate the first phase of a project, run by the German company Siemens, to build three new power plants in Egypt.

Egypt to export gas in H2 of 2019: EGAS chairperson - DAILY NEWS EGYPT

Saturday February 4, 2017Mohamed Farag 

100 million cubic feet of gas allocated to run Siemens power plants

Chairperson of the Egyptian Natural Gas Holding Company (EGAS) Mohamed El Masry said that Egypt is set to begin exporting natural gas in the second half (H2) of 2019.

He added that Egypt is on track to achieve self-sufficiency through the discovery of the Zohr gas field in the Mediterranean waters.

He pointed out that warning letters have been sent to factories to pay their arrears based on the scheduling scheme approved by the EGAS, especially since part of the arrears have been dropped.

He noted that all factories receive 100% of their gas needs.

Electricity Ministry considers reducing fuel oil at power plants to cope with post-flotation financial burden - DAILY NEWS EGYPT

Sunday January 22, 2017Mohamed Farag

Liberation of exchange rate hiked burden to EGP 102bn per year

Minister of Electricity Mohamed Shaker is currently waiting for the cabinet to decide on one of the scenarios proposed to cope with the increasing financial burden on the Egyptian Electricity Holding Company (EEHC) following the flotation of the Egyptian pound.

Sources at the Ministry of Electricity said that the ministry is considering reducing the proportion of using fuel oil for production, especially as it costs more than gas. The price of fuel oil amounts to EGP 2,500 per tonne, while that of 1 Billion Thermal Units (BTUs) stands at $3bn.

Electricity Ministry meets with EDF Energy to discuss cooperating on Siemens power plants management - ENTERPRISE / AL BORSA

Sunday, 22 January 2017

Officials from the Egyptian Electricity Holding Company are meeting with a delegation from EDF Energy to discuss cooperating on managing the Siemens power plants, unnamed sources told Al Borsa. 

The Electricity Ministry had earlier issued a tender to receive the completed power plants from Siemens and assist the ministry in managing the power plants. Three companies presented bids including EDF Energy, RWE, and Parsons.

Spain’s Reganosa wins Malta LNG management deal - LNG WORLD SHIPPING

Malta took delivery of its first LNG cargoes last week

Mon 16 Jan 2017 by Karen Thomas

Galician firm Reganosa is to maintain and operate Malta’s Delimara LNG regasification plant, which will start commercial operations within weeks, under an agreement with ElectroGas Malta (EGM).

Last week, the first LNG cargoes arrived in Marsaxlokk Bay, Malta to be stored in a floating storage unit (FSU) for delivery to the nearby Delimara gas plant. FSU Armada LNG Mediterran aarrived in Malta last autumn.

Bumi Armada converted Mitsui OSK’s 1985-built, 125,000m³ LNG carrier Wakabu Maru into an FSU to supply LNG to the new 215MW combined-cycle gas plant at Delimara. There have been conflicting reports over when the power station will open. A Reganosa spokeswoman told LNG World Shipping that this will happen “within weeks”.

Two new substations in Egypt to deliver 2,500MW power to national grid - TECHNICAL REVIEW MIDDLE EAST

Wednesday, 14 December 2016 06:56

Siemens has energised the first two substations that will transmit electricity generated by the new power plants in Beni Suef and Burullus to Egypt’s power grid

When complete, the plants, which Siemens is building alongside with its partners, will feature a total of six 500/220 kV substations and will enable a reliable and resilient energy delivery for the North African country.

The Etay El-Baroud and Maghagha substations are part of the contract signed between a consortium, comprising Siemens and El Sewedy Electric T&D, with the Egyptian Electricity Transmission Company (EETC) for the design, engineering, supply and installation of six state-of-the-art substations, located in El Minia, El Beheira, Qalubia, Assiut and Kafr El Zayat governorates. They will include gas-insulated switchgear (GIS), transformers and control and protection equipment. All civil work will be completed by the local-based engineering company El-Sewedy Electric T&D.

Petrobel lets contract for Zohr gas processing plant - OIL & GAS JOURNAL

HOUSTON, Oct. 24
10/24/2016
By Robert Brelsford
OGJ Downstream Technology Editor

Belayim Petroleum Co. (Petrobel), a joint venture of wholly owned Eni SPA subsidiary IEOC Production BV and Egyptian General Petroleum Corp., has let a contract to a division of Siemens AG to provide processing equipment for a gas plant connected to the first-phase development of deepwater Zohr natural gas field on the the Shorouk block offshore Egypt (OGJ, Sept. 7, 2015, p. 60).

Siemens Power & Gas’ Dresser-Rand business will deliver three of its proprietary SGT-400 industrial gas turbines, including associated electrical generators, to supply electric power to a gas plant currently under construction in Egypt dedicated to processing natural gas production from Zohr field, Siemens said.

Dresser-Rand to deliver turbine-generator sets for Zohr offshore Egypt - OFFSHORE MAG

24/10/2016
Offshore staff

MUNICH, Germany – Belayim Petroleum Co. (Petrobel) has ordered three model SGT-400 industrial gas turbines and associated electrical generators from Siemens’ Dresser-Rand business.

Petrobel, a joint venture between Eni and Egypt’s General Petroleum Corp. (EGPC), is developing the Zohr gas field offshore Egypt in the Mediterranean Sea.

The order scope also encompasses a service package that includes spare parts supply and on-site maintenance. The turbine-generator sets are slated for delivery in early 2017.

Christopher Rossi, CEO of the Dresser-Rand business, said: “Following the major billion-euro power plant order Siemens secured from Egypt last June, our power generation technology will further support the nation’s efforts to grow its economy and expand its reliable energy supply.

Egypt chases own energy sources as government struggle to meet demand - REUTERS

Sun Oct 23, 2016 | 10:43am EDTWriting by Eric Knecht, Editing by Lin Noueihed/Ruth Pitchford

By Ehab Farouk | CAIRO

Egypt will boost production of natural gas to 5 billion cubic feet per day in the 2017-2018 fiscal year as the giant Zohr field comes online, but will still also ramp up gas imports to feed a spike in consumption, Oil Minister Tarek El Molla said.

Once an energy exporter, Egypt has turned into a net importer in recent years, squeezed by declining production and increasing consumption. The shortfall and squeezed finances have forced the government to ration gas supplies to industry, with some plants unable to operate at full capacity as a result.

Egypt's Oil Ministry is racing to reverse that trend, speeding up the development of major gas discoveries with a stated goal of achieving energy self-sufficiency by 2020-21.

Orascom Construction signs $20m contract for West Nile Delta gas project - DAILY NEWS EGYPT / ENERGY EGYPT

March 9, 2016

National Steel Fabrication, a subsidiary of Orascom Construction (OC), was awarded a $20m contract to manufacture and supply structural steel for the West Nile Delta gas development project.

“We [OC] are also pleased to receive a large order to fabricate and supply the steel structure for an important gas development in Egypt, and look forward to further participating in this sector through our construction group and NSF,” he added.

In January, the company signed contracts to covert two power plants, in Assiut and West Damietta, from simple cycle to combined cycle.

The capacity factor of the Assiut power plant is 1,000 MW, while West Damietta’s capacity factor is 500 MW. Converting the plants will increase their combined capacity factor by 50%, to reach 2,250 MW. OC stands to earn a reported $420m in the deal.

First Siemens gas turbines begin their journey to Egypt Friday, Feb 19, 2016 - YOUR RENEWABLE NEWS

The first gas turbines for the largest order in Siemens' history have started their journey to Egypt. Two turbines for the Beni Suef power plant project will be loaded onto a barge at the Berlin Westhafen port, from where they will be shipped to the Rotterdam seaport. Via the Port of Adabiya on the Red Sea the 890-ton cargo will then be transported to Beni Suef. By comparison, an empty Airbus A380 has a weight of 277 metric tons. The gas turbines are scheduled to be installed in the power plant in mid-May.

The two SGT5-8000H gas turbines will begin their three-month trip at Berlin Westhafen and will end it at the Beni Suef power plant project situated around 110 kilometers south of Cairo. The machines, which each measure 12.6 meters long, 5.5 meters high and 5.5 meters wide, will be loaded into a barge with the aid of two cranes and first shipped to the Port of Rotterdam. In this seaport, the two gas turbines will be loaded onto the "Wiebke" heavy load carrier with the ship's onboard cranes. The ship will travel from Rotterdam to the Mediterranean Sea across the Strait of Gibraltar. The cargo arrives at the destination port of Adabiya on the Red Sea, passing through the Suez Canal. A 40-axle trailer will transport the turbines the rest of the way, traveling the 250-kilometer route along the Nile to Beni Suef in about five days.