In Turkmenistan Sumitomo wins $300 mln order for gas-fired plant

Sumitomo said it aimed to complete the construction of the simple-cycle gas-fired plant in 2018, and that the main equipment such as a gas turbine and power generator would be procured from Mitsubishi Hitachi Power Systems Ltd.

  • Published: , Refreshed:
Sumitomo wins $300 mln order for gas-fired plant in Turkmenistan play

Sumitomo wins $300 mln order for gas-fired plant in Turkmenistan

(Sumitomo-shi-demag)
24/7 Live - Subscribe to the Pulse Newsletter!

Trading house Sumitomo Corp said on Monday it had won a $300 million order for a 400-megawatt gas-fired power plant in Turkmenistan, part of a package of deals announced on a visit to the Central Asian nation by Japanese Prime Minister Shinzo Abe.

Japan and Turkmenistan on Friday signed deals worth over $18 billion in the energy-rich nation, which has become an important supplier of natural gas to China.

Sumitomo said it aimed to complete the construction of the simple-cycle gas-fired plant in 2018, and that the main equipment such as a gas turbine and power generator would be procured from Mitsubishi Hitachi Power Systems Ltd.

Turkmenistan, a reclusive nation of 5.5 million, holds the world's fourth-largest reserves of natural gas. Since independence in 1991, it has launched ambitious projects to process the commodity at home and find new export routes.

Japan's Abe last week started a tour of the five post-Soviet Central Asian nations where former imperial master Russia and China are vying for clout.

Japanese companies are already involved in large-scale projects in Turkmenistan, building plants to process natural gas into fertilisers, ethylene, polyethylene and polypropylene, as well as into liquid fuel. 

Do you ever witness news or have a story that should be featured on Pulse Nigeria?
Submit your stories, pictures and videos to us now via WhatsApp: +2349055172167, Social Media @pulsenigeria247: #PulseEyewitness & DM or Email: eyewitness@pulse.ng. More information here.