Gas-consuming states in the Middle East and Africa (MEA) are increasingly relying on international debt markets and investors to fund their gas-to-power ambitions.
Saudi Electric Company (SEC) intends to raise funds to construct 5.4 GW of power-generation capacity, some of which is expected to be gas-fired. The planned addition would be equivalent to almost 10% of Saudi Arabia’s current capacity. The kingdom plans to add a total of 27.98 GW of capacity between 2016 and 2020, of which 13.35 GW is expected to be gas-fired.
Log in or register for a free trial to continue reading this article
Already a subscriber?
If you already have a subscription, sign in to continue reading this article.
Sign inNot a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.
Sign up