Gas is expected to become more popular in the Middle East and Africa (MEA) in the coming years, driven by the power sector.
Prospects for gas-to-power demand in Saudi Arabia are bright as the kingdom moves ahead with new gas-fired projects. The Saudis plan to add 33.38 GW of generation capacity by 2020, 56% of which is likely to be gas-fired. In November, Saudi Electric Co. (SEC) invited expressions of interest from the private sector to build, finance and operate the proposed 5.40 GW PP15 gas-to-power plant at Al-Wasia. The project is expected to come online in 2020 and will sell its electricity to the SEC under a long-term power-purchase agreement.
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