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GG Power to start building gas-fired power plant in November

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LNG Industry,

According to Reuters, GG Power is planning to commence construction of its Port of Sergipe Thermoelectric Plant in Brazil in November 2016. The 1500 MW gas-fired power plant will be fuelled by LNG, which will be provided by ExxonMobil via a new floating storage regasification unit (FSRU). GG Power is a joint venture (JV) between Golar LNG Ltd and GenPower Participacoes SA.

Jose de Oliveira Junior, economic affairs adviser to the Sergipe-state government, reportedly said that the Brazilian government is hoping that the facility will help supplement hydropower during dry seasons, and help with the increasing electricity demand of the nation’s power grid. Oliveira Junior went on to say that planners are looking at discovered but untapped gas located off of Sergipe’s coast, in order to eventually increase gas-fired generation capacity at the site.

Reuters reports that site preparation and grading is currently being carried out, and that the plant is scheduled to open by 2020 under contracts won from the Brazilian government at auction in 2015.

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