Israel's ORL to build 135 MW natural gas power plant
Petroleumworld 01 04 2018
Israel's Oil Refineries (ORL) has received government approval to build a 135 megawatt (MW) natural gas-fueled power station to replace an old coal-fired plant, it said on Wednesday.
ORL, Israel's largest refining and petrochemicals group, said it plans eventually to expand the new station to 340 MW.
The company did not disclose financial details of the new co-generation plant, which will produce both steam and electricity to power ORL's own operations.
The old plant it is replacing currently burns 500,000 tonnes of coal a year, said ORL, which last month signed a deal with Greek energy company Energean to buy gas from two offshore Israeli fields.
Reporting by Ari Rabinovitch; Editing by David Goodman from Reuters.
reuters.com 01 03 2017
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