Aramco boosts export capacity
DHAHRAN: The commissioning of Yanbu South Terminal (YST) this week marked the addition of 3 million barrels per day to Saudi Arabia’s west coast export capacity.
The first VLCC was loaded at the terminal on October 12.
Yanbu South Terminal, which is located south of Yanbu City on the west coast of Saudi Arabia, consists of a tank farm and offshore facilities to receive, store and load Arab Light (AL) and Arab Super Light (ASL) crude oil.
The facility’s integration with the existing crude oil supply network adds 3 million barrels per day to Saudi Aramco’s export capacity through the west coast, thereby reinforcing the reputation of Saudi Aramco as a reliable energy supplier to customers throughout the globe, said an Aramco statement.
Dewa awards cables contract
DUBAI: Dubai Electricity and Water Authority (Dewa) has awarded contracts worth Dh382 million ($89.2 million) for the supply of 1,548 km of 11 kilovolt (kV) power cables. The contracts include the supply of cables across different regions in Dubai to meet the criteria for the electricity distribution network expansion, and to keep up with the continued growth in demand for electricity from various consumer sectors, said a statement from Dewa.
It is expected that the manufacture and supply of these cables will be completed by September next year, it added.
CEO and managing director Saeed Mohammed Al Tayer said: "Through these huge projects being carried out, we aim to support and raise the capacity and efficiency of electricity transmission and distribution networks."
Siemens in major Iraq deal
BAGHDAD: Germany-based Siemens, a global technology powerhouse, and Iraq’s Ministry of Electricity have signed an agreement in which Siemens would add 11 gigawatts (GW) of power generation capacity over four years to ensure 23 million Iraqis sustainable electricity.
This would boost current generation capacity by almost 50 per cent. The economic viability of the plan is secured by billions of US dollars in potential fuel savings and revenue generation for the electricity sector.
