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Vires – Batangas City LNG-Fired Floating Power Plant 400 MW – Philippines - Project Profile

Vires – Batangas City LNG-Fired Floating Power Plant 400 MW – Philippines - Project Profile

Synopsis

"Vires – Batangas City LNG-Fired Floating Power Plant 400 MW – Philippines - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Vires – Batangas City LNG-Fired Floating Power Plant 400 MW – Philippines - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Vires Energy Corporation (Vires) is planning to build a Floating LNG power plant in Batangas, the Philippines.

The project involves the construction of a 400MW (8x50MW) LNG Fired Floating power plant with LNG Receiving and Regasification Terminal. It includes the construction of a powerhouse, a substation, storage tanks and related infrastructure, the installation of generators and transformers, and the laying of transmission lines.

The LNG receiving and regasification terminal, called floating regas dock, provides a competitive alternative to floating, storage and regasification unit for smaller volumes, ranging typically from 50 to 200Mscfd (million standard cubic feet per day).

In September 2015, Vires received approvals from the Philippine Department of Energy to conduct grid impact studies.

RHR Consult services Inc. has been appointed as environmental consultant.

In January 2016, Vires signed a technology license agreement with Sevan Marine’s subsidiary HiLoad LNG AS (HiLoad) for use of its technology for a liquefield natural gas (LNG) receiving and regasification terminal. The scope of the agreement also includes design and engineering works.

Generating technology selected for the vessel will be Siemens Industrial Trent 60 WLE ISI dual fuel packaged gas turbine generator sets operating in simple cycle mode.

On February 25, 2016, Waller Marine, Inc. was awarded the Front End Engineering Design (FEED) contract. Waller Marine will also act as Owner's Engineer for Vires during the vessel's construction and installation at site.

In June 2016, Environmental Impact Statement (EIS) was prepared and public hearing was held on July 9, 2016.

On November 24, 2016, the project secured approvals from Department of Energy (DOE) to conduct grid impact study (GIS).

Study activities are underway.

Scope

The project involves the construction of a 400MW (8x50MW) LNG Fired Floating power plant with LNG Receiving and Regasification Terminal in Batangas, the Philippines.

The US$600 million project includes the following:

1. Construction of storage tanks

2. Construction of regasification import facility

3. Construction of a powerhouse

4. Construction of a substation

5. Installation of gas turbine generators

6. Installation of transformers

7. Installation of safety systems

8. Laying of transmission lines

9. Laying of pipelines

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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