Dynamic Duo: TAQA and JERA set to revolutionise petrochemical energy landscape

Abu Dhabi National Energy Company PJSC (TAQA) and JERA Co., Inc. (JERA) have announced a substantial Power and Steam Purchase Agreement with Saudi Aramco Total Refining and Petrochemical Company (SATORP) to establish an industrial steam and electricity cogeneration plant.

This plant will provide electricity and steam to the upcoming Amiral petrochemical complex in Jubail, situated in the Eastern Province of Saudi Arabia.

The Amiral petrochemical complex, slated to accommodate one of the largest mixed-load steam crackers in the Arab Gulf region, will benefit from the cogeneration plant’s advanced infrastructure. The facility is designed to meet stringent efficiency standards set by the Saudi Energy Efficiency Center and includes provisions for future integration of carbon dioxide capture technology and hydrogen cofiring capabilities.

Farid Al Awlaqi, Chief Executive Officer of TAQA Generation, remarked, “The signing of the offtake agreements for the cogeneration power and steam project at the Amiral petrochemical facility, a key downstream project being developed by two of the world’s leading energy companies, demonstrates the confidence in TAQA’s ability to deliver critical utilities, including power and steam effectively.”

He added, “Together with our partner JERA, TAQA is looking forward to developing an efficient cogeneration plant that reduces carbon emissions and supports SATORP with its long-term decarbonisation programme. The agreement will bolster TAQA’s efforts in building on our growth and executing on our 2030 goals.”

Steven Winn, Chief Global Strategist at JERA, echoed Al Awlaqi’s sentiments, stating, “JERA is pleased to have signed the key project agreements for the Amiral Cogeneration Plant. It is a major accomplishment for all project stakeholders.”

He emphasised, “Together with our partner TAQA, we will be providing stable, highly efficient, clean and reliable power and steam to our customer SATORP.”

Winn further added, “The Amiral Cogeneration plant will not only enhance the Amiral Complex’s operational efficiency but also demonstrates our commitment to environmental stewardship and our growth ambitions for sustainable power generation solutions in the Kingdom of Saudi Arabia, and the region.”

source :  https://www.oilandgasmiddleeast.com/ 

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