El Salvador: Interest in Natural Gas Tender

It has been announced that thirty companies, including Enel Green Power, have expressed interest in participating in the tender to supply natural gas, valued at $800 million.

Monday, August 17, 2015

From a statement issued by the Presidency of El Salvador:

About 30 companies are interested in participating in the tender to find a supplier of gas for power generation in the investment project run by the company Energías del Pacífico, to produce more than 350 megawatts of power, said the Technical and Planning Secretary of the Presidency of the Republic, Roberto Lorenzana.

The official who is also Coordinator of the Economic Cabinet said they have solved several obstacles that had slowed the processes linked to the investment that Energías del Pacífico is making to install the natural gas power plant, in Acajutla, which will exceed $800 millions.

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More on this topic

Uncertain Future for $900 million Project

June 2018

Panamanian authorities have declared the deadline passed for Panama NG Power to present evidence of economic backing for the construction of the 670 MW natural gas plant.

Last December a judicial ruling was issued by means of which Panama NG Power was granted 150 days to demonstrate that it has the economic capacity to develop the project. According to the company's interpretation, this time period began on March 8, 2018.  

El Salvador: Shell Could Supply Natural Gas to New Plant

May 2017

Energía del Pacífico has announced the signing of a contract for the purchase and sale of natural gas with Shell International Trading Middle East for the planned power generation plant to be built in Acajutla.

The company Energía del Pacífico (EDP), which obtained the contract to build and operate a 378 MW power plant in the port area of Acajutla, announced the contract with Shell, ending a long process that began in the middle of 2015, when the tender for the supply of liquefied natural gas was announced. 

El Salvador: Shell Could Supply Natural Gas to New Plant

February 2016

Energía del Pacífico could be contracting Shell to supply natural gas to the future 355 MW power station.

The company Energía del Pacífico won the tender for the supply of 355 MW using a generator based on natural gas which is to be built in Acajutla. A capitalization agreement was recently announced with Invenergy, a global company dedicated to clean energy, but on the website of the US company that agreement has not yet been confirmed.

El Salvador: Large Scale Power Station Project Takes Off

January 2016

Pacific Energy has announced its entry as majority partner in Invenergy in the project for making a 355 MW generator using liquefied natural gas, which has not yet been announced by the US company.

According to statements made by the CEO of the company Pacific Energy (EDP), Alejandro Alle, published in an article on Elmundo.sv, the US company Invenergy LCC will acquire between 70% and 85% of Pacific Energy, facilitating the participation of multilateral credit agencies in the $800 million financing which is required.

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