Iraq signed on 16 October a contract with a consortium grouping GE Vernova and an unknown UAE-based firm called ‘Superior Technology Systems’ for a 3GW power plant with an integrated LNG import terminal at its new Grand Fao Port.
The project includes a CCGT power plant and an offshore terminal to receive LNG cargos. Gas would be sent back by a pipeline built above the new port’s breakwater (the longest in the world at 14.5km). The development timeline is 60 months, implying completion by late 2030. (CONTINUED - 260 WORDS)