EXCLUSIVE: Saudi Aramco extends bid deadline for Jafurah power and steam project

Saudi Aramco has extended the bid submission date for the planned Jafurah cogeneration independent steam and power plant (ISPP) to 15 March 2020.

The bid deadline was previously set for 31 January. This had already been extended from the original submission date of 1 December 2019.

The cogeneration plant will have a power capacity of 270MW-320MW and a low-pressure (LP) steam demand of 77-166 thousand pounds an hour (klb/hr) and high-pressure (HP) steam demand of 29-126 klb/hour by 2023. The LP and HP steam demand will increase to 283-373 klb/hr and 66-321 klb/hr by 2027 respectively.

Aramco has set a target commissioning date for the project for 31 March 2023. The local SMBC has been appointed as financial adviser for the scheme.

The Jafurah gas development is part of Aramco’s $3.2bn unconventional resources programme, which aims to develop shale gas in three areas of the kingdom.

In line with the Vision 2030 masterplan, Riyadh is aiming to ensure the kingdom remains self-sufficient in gas supply as demand for power continues to grow in the residential and industrial sectors.