2019-10-21 13:10:00
SAUDI'S INVESTMENT FOR BANGLADESH $3 BLN
MEED - Saudi Aramco and Saudi utilities developer Acwa Power have signed a memorandum of understanding (MoU) with the Bangladesh government to develop a $3bn liquefied natural gas (LNG) terminal and power plant in the South Asian country.
Acwa Power's chairman Mohammad Abunayyan was reported as saying the $3bn direct investment would be made by 2020. The project will be Acwa Power's largest gas-to-power project and the first partnership with Saudi Aramco for such a scheme.
The LNG terminal will be developed in either the Moheshkhali area of Cox's Bazar or at Payra port. The power plant is planned to have a generation capacity of 3,600MW.
Acwa Power's CEO and president Paddy Padmanathan recently told MEED that the developer was targeting the growing global demand for LNG and gas-to-power as an additional area of growth.
"I can see us getting involved in gas, in LNG," said the CEO. "We are looking at some opportunities for gas-to-power that will require us to not only look at the power plant but the infrastructure bringing the LNG to a port, to either floating or fixed LNG terminals or through pipelines."
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Earlier:
2019, October, 16, 13:15:00
МЫ РАССМАТРИВАЕМ САУДОВСКУЮ АРАВИЮ КАК ДРУЖЕСТВЕННОЕ НАМ ГОСУДАРСТВО
В советские времена между Саудовской Аравией и тогда Советским Союзом отношения находились на достаточно низком уровне. За последние годы качество наших отношений кардинальным образом поменялось. Мы рассматриваем Саудовскую Аравию как дружественное нам государство.
2019, October, 16, 13:05:00
RELATIONS OF RUSSIA, SAUDI ARABIA
The expansion of interaction with our Saudi partners along the entire chain of cooperation for us, in essence, is the creation of a new alliance in order to maintain our competitiveness in world markets and to develop the national and world energy in general.
2019, October, 16, 12:55:00
ЭНЕРГЕТИКА РОССИИ, САУДОВСКОЙ АРАВИИ
энергетическая отрасль является базисом для выстраивания отношений России, Саудовской Аравии
2019, October, 16, 12:50:00
SAUDI ARABIA, RUSSIA INVESTMENT
Saudi Aramco has signed 10 agreements with Russian companies at the Saudi-Russian CEO Forum in Riyadh, as part of the state visit of the Russian President Vladimir Putin.
2019, October, 11, 11:45:00
SAUDI ARAMCO IPO: $100 BLN
With an oil production capacity of about 12mn b/d and posting a profit of $46.9bn in the first half of 2019, Aramco is betting institutional investors will rush to buy the 5% stake set to be sold by the Saudi government.
