Israel's Oil Refineries to build 135 MW natgas power plant
JERUSALEM (Reuters) — Israel’s Oil Refineries (ORL) has received government approval to build a 135 megawatt (MW) natural gas-fueled power station to replace an old coal-fired plant, it said on Wednesday.
ORL, Israel’s largest refining and petrochemicals group, said it plans eventually to expand the new station to 340 MW.
The company did not disclose financial details of the new co-generation plant, which will produce both steam and electricity to power ORL’s own operations.
The old plant it is replacing currently burns 500 Mt of coal a year, said ORL, which last month signed a deal with Greek energy company Energean to buy gas from two offshore Israeli fields.
Reporting by Ari Rabinovitch; Editing by David Goodman
As discussed in the HPI Market Data 2019 report, published in November by Gas Processing & LNG’s sister publication, Hydrocarbon Processing, rising propane and ethane supplies in the US have been enabled by greater production of shale gas.
Industry Trends: Norway targets global LNG market
Norway aims to become a leading player in the global LNG market during the next several years through the establishment of new, large-scale LNG terminals.
Regional Focus: Challenges of scaling up Africa’s LNG production
Several gas projects are underway in Africa, but they continue to be constrained by inadequate infrastructure, slow finance mobilization, lack of security and uncertainty over hydrocarbon regulations that are casting doubt on the outcome of the continent’s drive to meet its anticipated 128% gas demand increase by 2040.
GasPro 2.0: A Webcast Symposium
The global LNG industry is becoming increasingly interconnected as grassroots export projects get off the ground. Another technology route for processing gas into fuels—GTL—is attracting renewed attention due to improving economics. Small-scale solutions for both LNG and GTL are at the forefront of new technological developments, while major projects using more conventional technologies continue to start up around the world.
During this webcast, we will focus on LNG, GTL, gas processing technology developments and deployments, operations, small-scale solutions, transportation, trading, distribution, safety, regulatory affairs, business analysis and more.
October 25, 2018 08:30 AM CDT