Specifications - Saudi Aramco Cogeneration Plants Eastern Province, Saudi Arabia

Key Data
Announcement of contract	December 2003
Commissioning	Throughout 2006
Commercial operation	Phased in between March 2006 and December 2006
Output	1,075MW and 4.4 million lb/h steam
Plant type	Cogeneration
Location	Saudi Arabia (Ras Tanura, Ju'aymah, Shedgum and Uthmaniyah)
Lead finance arrangers	Arab National Bank, Banque Saudi Fransi and SAMBA Financial Group
Estimated investment	The 17-year term financing comprises a non-recourse $510m facility; total equity investment is $130m
Key Players
Development, ownership and operation	Contracted to International Power and Saudi Oger
Engineering, procurement and construction contract	Awarded to a consortium led by Japan's Mitsui & Co. as prime contractor and coordinator
Subcontractors	Hyundai Heavy Industries Co., Ltd.
Technical advising services	Sargent & Lundy LLC
Legal advice	Clifford Chance and others
Plant Details
Gas turbines	GE
Fuel	Natural gas
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