Pacific Oil & Gas to build its first CCGT plant in China

10 September 2003 - Hong Kong-based Pacific Oil & Gas Limited announced Tuesday its first agreement in a series of major power investments planned for China. Through its subsidiary, East Asia Power Limited, Pacific Oil & Gas signed an agreement with the Government of Xiamen, Fujian, China to build, wholly own and operate a large-scale, state-of-the-art gas-fired combined cycle gas turbine (CCGT) power plant in Xiamen.

The power plant will have a total design capacity of 1400 MW. Phase one of the project will start with an initial capacity of 2 X 350 MW and an investment of $350m.

This investment represents a milestone for Pacific Oil & Gas as part of its continuing economic development between Indonesia and China. With China's continued strong economic growth and improving living standards, its power industry must now move quickly to service the rapidly increasing power demands in the country. Indonesia, rich in gas resources, will supply the liquefied natural gas (LNG) from its Tangguh, Indonesia gas field to fire Pacific Oil & Gas' wholly owned CCGT plant.

Mr Arthur Ling, President of Pacific Oil & Gas said, "The new CCGT power plant will supply the much needed power for Xiamen as well as Fujian province itself, to help ease the problem of power shortage in the area."

Pacific Oil & Gas is also developing other power plants in China that will utilize LNG from its first 5 million ton per year LNG plant in Indonesia. The LNG from this plant has been committed to other Chinese provinces which are also experiencing rapid economic growth and the associated demand for more power capacity.

Pacific Oil & Gas is focused on the development of integrated and cost-competitive energy supply chains which include upstream investments, LNG plants, transportation, receiving terminals, power generation plants and downstream gas transmission networks and facilities.

Sponsored by FLSmidth

Related Articles

Duke Energy completes ash excavation at W.S. Lee Steam Station

Duke Energy (NYSE: DUK) has submitted filings, to state regulators, outlining additional ash excavation plans for its W.S. Lee Steam Station in Belton, South Carolina.

Check out these highlights during Power Generation Week

More than 22,000 industry professionals from around the world gathered in Orlando for Power Generation Week, where innovative and cost-effective solutions for maintaining, operating and building new power generation were shared. More than 1,400 exhibiting companies from every sector of the industry showcased their products and services on the exhibit floor.

Follow Power Engineering on Twitter

Latest News

Duke Energy to build solar power facility at North Carolina military camp

POWER-GEN International 2014 Keynote Session

Power Engineering Photo of the Day

Vermont bill would set new standards for renewable energy

Vermont is considering a change to its energy policy that would end a practice that critics s...

Senate panel passes energy-efficiency utility bill

Major utility companies would be able to develop their own energy-efficiency programs and cha...

Oklahoma lawmakers want changes to state wind farm subsidies

Two Oklahoma lawmakers have filed legislation to alter state tax subsidies for new wind farms...

Feds seek public input on coastal NC wind energy study

The federal government is inviting the public to comment on an environmental assessment that ...

Regulators: Work environment improves at Palisades plant

The work environment has improved at Palisades Nuclear Plant in southwestern Michigan followi...

Hinkley Point B nuclear reactor taken offline for scheduled maintenance

One of two nuclear reactors at Hinkley Point B in the UK was taken out of service for a £40 m...

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Buyers Guide Product Listings

Selective Catalytic Reduction Systems

Mitsubishi's SCR Systems are available for appl...

Power Industry Wire News

Con Edison to Report 2014 Earnings on February 19

Con Edison to Report 2014 Earnings on February 19

New Jersey Residents Are Invited to the 1st Energy Resiliency Next Generation Forum on Tuesday, January 27 at Mercer Oaks in Princeton Junction From 6-8 pm

New Jersey Residents Are Invited to the 1st Energy Resiliency Next Generation Forum on ...

Tinius Olsen Launches New ST Series - Advanced Electromechanical Universal Testing Machines

Tinius Olsen Launches New ST Series - Advanced Electromechanical Universal Testing Mach...

BTJ Consulting LLC President & Founder Michael Hanberry to Be Interviewed on Clear Channel - iHeart Business Talk Radio's "The Trader's Network" on January 24th, 2015

BTJ Consulting LLC President & Founder Michael Hanberry to Be Interviewed on Clear Chan...

Magnum Hunter Resources Schedules Conference Call to Discuss Macro Events Affecting the Energy Sector and Company Specifics

Magnum Hunter Resources Schedules Conference Call to Discuss Macro Events Affecting the...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>