Page 11 - LatAmOil Week 41 2021

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GNA to start building new TPP this month

GAS Natural Açu (GNA), a joint venture capable of importing up to 28mn cubic metres
formed to execute Latin America’s largest LNG- per day of LNG via a floating storage and regas-
to-power project, is set to start construction ification unit (FSRU) known as the BW Magna.
of a new thermal power plant (TPP) later this The FSRU received its first LNG cargo from BP
month. late last year.
The GNA-II power facility is the second GNA’s founding members are Siemens (Ger-
of two large natural gas-fired TPPs that GNA many), BP (UK) and Prumo, a private Brazilian
intends to build at the Açu Gas Hub complex, entity controlled by EIG Global Energy Partners
which is located at the port of Açu in Rio de (US). Siemens has agreed to build the TPPs,
Janeiro State. The plant is due to begin operat- while Prumo is operating the BW Magna FSRU.
ing in 2024 and will have an installed capacity BP, for its part, supplies the terminal with LNG.
of 1,672 MW, enough to supply energy for up to The joint venture also includes China’s State
8mn households. Power Investment Corp. (SPIC), which com-
The joint venture revealed last month that it pleted its acquisition of a stake in GNA earlier
had been authorised by Brazil’s national elec- this year. The joint venture said at the time that
tricity regulator ANEEL to start commercial the Chinese company had acquired a 33% stake
operations at its first TPP, known as GNA-I. It in the GNA-I and GNA-II TPPs, as well as the
said at the same time that it had commissioned Açu Gas Hub. It also noted that SPIC had final-
the 1,338-MW plant, which was built at a cost ised an agreement that would allow it to partic-
of $1bn. The facility is capable of generating ipate in the future expansion of the complex via
enough electricity to supply 6mn households. the construction of the GNA-III and GNA-IV
GNA-II is slated to come online in 2023 and plants. ™
already has 3 GW of long-term power purchase
agreements (PPAs) under contract. Meanwhile,
GNA aims to build two more 1,672-MW plants,
GNA-III and GNA-IV, at the site. These will
increase the complex’s generating capacity by
3.4 GW, bringing its total installed capacity up to
6.4 GW, making it the biggest facility of its kind
in Latin America.
GNA also hopes to expand the complex to
include onshore gas pipelines and a gas-process-
ing unit. It has said it intends to invest around
$5bn in the gas and power complex.
The Açu Gas Hub is close to producing gas
fields in Brazil’s offshore zone and will be able
to benefit from plans for the construction of a
500-kV transmission line in the region. It is also GNA-I power plant, shown during construction phase (Photo: GNA)

PERU
ONP crude oil pipeline flows halted by

indigenous protest

A group of indigenous Peruvians took over the station on October 4.
facilities of Pump Station #5 along the North- It reported that about 200 people had par-
ern Oil Pipeline (ONP) last week, in an act that ticipated in the protest and complained that the
forced the national oil company (NOC) Petrop- demonstrators had been “irresponsibly install-
eru, the owner of ONP, to halt crude shipments. ing tents and other items without taking security
In a statement, Petroperu said that it had conditions into account.”
taken this step after residents of the northern As of press time, it was not clear whether
Loreto region seized control of the pumping ONP had come back on stream.

Week 41 14•October•2021 www. NEWSBASE .com P11