Page 8 - GLNG Week 41 2021

GLNG AMERICAS GLNG

GNA is developing Latin
America’s largest LNG-
to-power project.

GNA JV to start building new gas-fired TPP

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

P8 www. NEWSBASE .com Week 41 15•October•2021